original content is it costs a whole boatload of money. Where are they getting it from?
Check out netflix's debt. They're taking a TON of debt to finance all these new shows (as is everyone else) because they realize if they're just a rebraodcast platform, they'll be dead in the water when the network pull their content.
CBS and Disney are already pulling stuff back. And there's enough original content that audiences are fatigued on what to watch.
CurrentDebt spending is also not sustainable nor is raising netflix price much higher to pay for it.
They may survive, but they won't be the titan they once were.