I remember a year or two ago Stranger Things was a massive super hit. I mean that's all reddit could talk about that year - it overshadowed almost every other show at the time.
See comparison to Game of Thrones or TWD: https://trends.google.com/trends/explore?date=today%205-y&q=...
Personally, I’d rather watch Netflix’s catalog over AMC’s or HBO’s.
I've never heard the argument that copyright promotes progress by making works inaccessible, thereby forcing new creations.
I sincerely doubt that.
They create content to increase the value of their platform. That is unrelated to copyright, except that copyright lets them compel other platforms to not show their content.
We don't have any legal platform without DRM or copyright to compare against. We also can't, because copyright is a monopoly.
Netflix never would’ve done all this if (a) they could easily just stream other peoples’ content, and (b) other people could easily stream their content. Instead, the logical business play would’ve been trying to leverage network effects and lock in to keep consumer eyeballs on their service instead of a competing service.