And honestly the idea of studio quality is kind of stupid—my favorite show of all time in terms of cinematic quality, The Knick, was done by Cinemax (skinemax?) and virtually nobody has heard of it. The best shows can come from anywhere, and everyone puts out shit content.
This doesn't even apply to arguably good shows like The Killing, whose later Netflix-produced season is so awful it's embarrassing, not because it appealed to a wider demographic -- it was pretty niche -- but simply because it was terrible, badly acted and worse plotted. I've no explanation in this case.
I'm surprised by what people are saying about Bright. I disliked it because it was a bland knockoff of Shadowrun and similar scifi-with-orks-and-elves settings, with weak SFX and an even weaker plot. The commentary about racism -- whether well or badly done -- didn't even factor in my dislike. Bright is indeed a by-the-numbers urban fantasy made to appeal to a wide demographic, with nothing interesting to say about scifi, fantasy or even action. It was quite accurately described by the press as "a movie done with an algorithm". So of course it will likely have a sequel!
I really hope bland shows aren't the future of Netflix, but I fear they will be because they make business sense.
Most of it is awful quality and would've died on the vine on a network channel, and their bar is pretty low. The rest of the library is getting pretty thin as well. I don't think Netflix has a very bright future and will probably be remembered like Myspace, one of the first big players in a space they will cease to be relevant in.
In short, metaphor is hard, especially when you're applying it to complex issues.