But they pivoted models (twice, if you count both streaming and the shift to original content over other companies IP). There’s a ton of spending with that, and they are still gaining subscribers.

They are still growing, growth can happen at any and often multiple times

Amazon and Google are still growing too.. I don't feel like these are good basis to decide who pay or not taxes.

Should we only tax companies that are collapsing ?

Define growth? How do you prove: "Hi I'm company X and I'm growing so I shouldn't have to pay taxes" isn't full of BS and slick accounting? Because you know if there are rules corporations are going to lie their way around them. Better have fewer rules and more consistent taxes. But lobbyist love to make things complex so that corporations can cheat.