This is where the analogy breaks down, because the circus requires people and an area to operate in. Digital movies and TV shows should just require my device to watch it on.

To strain the metaphor further: The Circus leaving the venue isn't leaving town, they're just moving across the street. But your tickets are only valid for the old venue. Do you expect people to purchase new tickets or just sneak in?

There's also the people who purchased a lifetime membership to the circus and then were told the next day "The circus will no longer be going to that venue anymore after the end of the month."

The expectation is that I purchased this media and can watch it as much as I want, whenever I want, for the rest of my life. When companies say "Lol, no. Fine print" reasonable people aren't going to shrug their shoulders and say "You got me, I guess I'll purchase more things." They'll say "screw that, I can get it for free and keep it forever, what service are you providing that's better?"