Yes. But they are black-and-white and silent, which severely limits the audience these days.
Some of these movies have circulated with more recent soundtracks, and those are off limits. In particular there’s a somewhat infamous 1984 version of “Metropolis” with music produced by Giorgio Moroder and Freddie Mercury. That won’t be in the public domain until 2079…
A streaming service could hire musicians to do a new score for public domain silent movies, they would then have the exclusive right to distribute the combined work.
And I could sell a box set of "top movies of 1927"?