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Or self hosting their own Jellyfin
It's the same thing.
A music collection on your harddive is a joy for you personally for ever
A music collection on a VPS hosting a Jellyfin with accounts for your family and friends is a joy forever for all your family and friends (as long as you pay the hosting fees)
As long as you take care of backups
The hard drive that I bought last year and need for backing up has doubled in price. $500 fucking for 22TB... I have no clue what to do now...
Some consolation that most if not all of your music is backed up on the internet.
Instead of paying monthly for a VPS you could get a mini PC from eBay for 100 dollars and host it yourself