No it isn't. Compare that to any other activity and the price would be similar for how often you do it. If you eat out once a week you'd be paying a similar amount if not more. Most people watch things more than once a week.
Yeah I get to eat out on date night with my partner maybe twice a year if we are lucky. We get takeout maybe once a month. More likely once a quarter. This is a huge amount of money for entertainment.