I don’t disagree I just think it’s naive. The biggest grossing programs are still American, so the question is if the future is in blockbusters like Marvel / Game of Thrones or if the better play is smaller niche plays.
I don’t know, you said American, and even with the monthly premium, there are less than 400 million potential customers, right?
American shows have global audiences, as the rights are sold worldwide. For example, I stayed in Austria last night and watched Game of Thrones in German on something other than HBO.