The media storage is still the problem.

Some time ago I thought nostr+torrent(-like protocol) would work for this kind of use by now, but it's either not that great solution or people are still sleeping on it. Imagine streams that are encrypted and only unlocked with a zap.

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Storage was my biggest question mark, too. Torrent sounds like a nice solution as long as seeds are guaranteed (part of the platform then I suppose)

Yep, but also I think the artists would keep seeding their music, so it's always available. And with zaps it would probably pay for itself. At least the popular stuff would.