Theres this app on Oculus/Meta called Bigscreen that lets you watch movies and TV shows for free in a virtual theater, hosted by people streaming them from their computers. I guess it, for the time being, is perfectly legal to do because it's essentially no different from showing a movie at your place.

A buddy of mine used to do this. He'd host a public room and have polls to let viewers decide what to watch next. He streamed movies from his giant hard drive.