It's not enough for the library to be unique, it also has to be good. I see very few people talk positively about Netflix Originals these days. Given how aggressive they are about pushing the Originals over all other content, I don't get the impression that there's a lot of organic loyalty to these series. That doesn't sound like a great base for getting people to both pay and watch ads.

I've seen a couple of "Here's what's coming in Netflix Originals" videos on YouTube in recent months, and while there are definitely Netflix shows I really like, the vast majority of them don't look in the least bit interesting.

I hardly watch movies on Netflix any more because there isn't much selection, and the Marvel movies will all disappear when Disney starts their own service that I will definitely not be buying. Their catalog of TV shows is what keeps me around, but that's shrinking as well.