It's an academic economic term. Economic rent isn't the same as the common term. Taking a back catalog of content and charging for the right to view is a form of academic, economic rent. Licensing models, such as a video store, are frequently used as examples of rentierism.
I've got zero interest getting into one of those internet "debates" where a bunch of people extremely unfamiliar with concepts flex their knowledge to show me how "wrong" I am. No interest
Have a good day and forget about it