Oh undoubtedly the quality shows are worth more when siloed off like this. We know, in the US, cable pricing is $107 a month on average and the average advertised price of internet is $60. Assuming you use the internet only for streaming that's 47 bucks that a cable viewer should be willing to spend on equivalent streaming services (with some liberal whitewashing of smaller issues and wide assumptions on the fungibility(in both directions) of entertainment).

So there's obviously more money on the table there than netflix charges. It's just a pity that these businesses are going to, by necessity (or arguably short sightedness), re-fragment how consumers gain access to shows. For every increase in inconvenience they'll make piracy a more appealing option. Especially globally where broadcasting/streaming rights are an even more fragmented mess.