Is it possible the product just isn’t worth the price they want to charge? Entirely likely.
On average at population scale, people are shockingly good at voting with their wallets.
Uh... Huh? How is EUR 20 * 20 approximately EUR 100?
(100*12 months) = 1200 euros/year
1200/60 = 20
so 20x difference between the most expensive IPTV and the cheapest legal option. You can go with the 20 EUR IPTV vs the 200 EUR legal option and it would be 120x difference but probably the quality would be the same so let’s stick with the 20x.