> - Therefore, Netflix needs to do what it can to retain / attract subscribers, but essentially can wait until the other services have to give up due to cost

Good summary. Worth noting as well that he spends a lot of time in the article drawing the historical parallel to Blockbuster. The lesson is that Netflix has been in this situation before, of waiting for its competition to punch themselves out.

Personally, I think it's impossible to really predict the future for stuff like this, but it's an interesting read.