Netflix doesn’t have the breadth of monetisable IP that the mouse has. The latest season of The Crown is basically scraping the barrel of royal family drama. Stranger Things has a season or two left. If I had Netflix stock I’d sell.
I really hope not. It’s possible the 2010s will be seen as a golden of the TV shows where there was so much competition for eyeballs that many shows were made which otherwise might not have been. Niche demographics seemed catered to which otherwise might not have.
Moving back to Disney owning everything and other channels not being able to compete… that’d be sad. Some people aren’t really excited about super hero shows or Star Wars anymore.
Netflix thought they we being smart by doing this, but they may have simply upped their content risk and simultaneously convinced top talent to work with other streamers.