can purchased movies on apple be viewed by members of family sharing?

Sharing iTunes Store purchased requires Family Sharing with the Purchase Sharing option active.

Purchase Sharing requires that the Family Sharing organizer get charged for all the groups purchases. Which may not be suitable for all groups.

How to share purchases with your family - Apple Support

What types of content can I share with my family? - Apple Support

Notably rented movies can’t be shared.

If you can't find your family's shared content - Apple Support