Buy a Qnap NAS, go for rack versions with 4-5 disks to be able to use RAID5.

You could do whatever you like with that, including your own video streaming server, file sharing with rights, web server, email server etc

Or... you can setup a freeNAS on whatever PC/server you like.

Keep your data with yourself, in your control.

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Synology also seems to be popular. Any specific reason for going with a Qnap NAS instead?

Synology also is good, only that Qnap have better mid-high-end solutions.

I worked in the past with both.

I would keep Synology for home-user and Qnap for business / pro users.