This is where I pause to wonder WTF you are reading.
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* An enterprise, properly coded, script to work as described, with volume you advertise is probably $5-20k in development.
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There are ready to go scripts being used all over the place to deliver content to customers. You seem to think I mean some DRM infested streaming pile of shit which is the opposite of what needs to be done.
Picture a modified tube with a 'my videos' area. Once purchased they can stream the video right there or download it. They purchase the rights to watch it whenever they feel like it. I am not suggesting taking the shortcomings of the current model and incorporating them into a new model.
You are also worried about percentages, 12-15% is perfectly fine considering they also handle support issues, scrubbing and all the fun stuff. It would be better on a private merch account but it's not necessary and would not be a deal breaker.
And again, I am not putting this system up for porn ever. I will be doing similar in mainstream but I have zero interest in dealing with the laws and regulations this industry requires. I will bet you one thing though, someone will put up something very close to what I posted and they will make a killing for doing it.