I fully agree with you harry. I think that asking $80 for one season of a show that is at least a year old is extreme when you could (if it is offered) watch it on pay TV for about half of that or pirate it for free. Now if the studios or whomever adopted a pay per view model where you could spend a couple of dollars to watch that hit show or perhaps subscribe to the season without the ads and chaff that plague pay TV I would be on that for sure. Then if you want to buy a hard copy at the end of the season you could do so.
Good news Toki, it exists.
Xbox live does exactly that.
Costs about $3 an episode, or your can buy a 'season pass' which my xbox tells me works out cheaper though I've never done the maths. I got on xbox live for games, but I find it to be a very easy way to watch shows and movies. I don;'t know how good it is with everything, but Walking Dead is avaiable within a day of it airing in the states.
I haven't used it yet, but you can also access a lot of the foxtel content on a pay per view basis through xbox live, though I've never used it. The xbox live library has been enough so far.
I know there is a lot of console hate here because it dumbs things down, but I gotta say, in this instance dumbing down is perfect. I scroll through movies, as I look at them their preview starts up, I can access the cast and link directly to imdb. If I want it, I click buy, it starts streaming and I'm watching it straight away.