So what is the catch on this? I am guessing there are legality issues and/or they extremely limit your library. No company can afford to offer what they claim to be offering without some serious cash behind them.
It'll be through limiting your library -- free users will get a certain amount of space and streaming bandwidth for free, paid tiers get more as you scale up the price ladder (Dropbox style).
Additionally, we have a completely free collection of movies/TV shows aggregated from Sidereel, Hulu, Netflix, Amazon, NBC, etc. At the very least, you can use this as your one stop to browse all the movies/TV shows you can stream through other services (for free, or if you have their subscription), receive recommendations, track with friends, etc.
Are those limits established yet? There isn't any place on the page that would indicate any limits or even the existence of paid tiers. This stuff should be visible before requiring a user to signup.
Additionally, we have a completely free collection of movies/TV shows aggregated from Sidereel, Hulu, Netflix, Amazon, NBC, etc. At the very least, you can use this as your one stop to browse all the movies/TV shows you can stream through other services (for free, or if you have their subscription), receive recommendations, track with friends, etc.