Is it?
I doubt it's a significant cost center. Plus, right management is viewed favourably by the rest of the entertainment industry. Actively going against the grain would impair their image with their commercial partners.
I honestly think they don't care at this point.
If you could just right click and choose “download” for any Netflix original don’t you think that would be a problem for them?
Casual pirates wouldn't bother right-clicking in the first place unless it's to store a local copy that they won't even know how to share effectively (since they're casual).
The only thing DRM achieves for netflix is deterring new customers and hurting existing ones.
The fact they can’t do that is a benefit.
For the piracy scene, sure. It’s irrelevant.
But for normal people the difference is huge. They may not know how to pirate content, where to go to find it, or be willing risk downloading it and getting in trouble (scary FBI warnings and ISP letters).
But once it’s trivial due to the lack of protection it will be all over TikTok and FB and WAY more people will pirate. Those are the people DRM, even light DRM, stop.
Out of their more than 231 million subscribing households around the world, I don't think more than 5,000 feel the way you think. Even if 55,000 felt that way it doesn't matter.
If we accept that enabling DRM on some of their content has some value to Netflix, which it obviously does, and we accept that it doesn't impose unacceptable user experience tradeoffs, which it obviously doesn't, then it is rational for them to enable it on all of their content.
There is probably a hypothetical cost/benefit break-even point where it actually degrades the user experience a little and thus is only acceptable in cases where it is absolutely needed, but it seems unlikely this is significant enough to even be quantifiable.
Is it? Anyone is able to use obs studio these days, you know, to be an influencer. It is all I needed to "backup" offline versions of some shows for my kids before we would take a plane. I am pretty sure I could have torrented them out as well.
This is obviously what we would actually want.
Buffering delays can be greatly reduced, if not eliminated entirely, by simply sending the whole file but in the past many upstream content providers insisted on limits for the amount of buffering/storage in the client.
Fortunately you can now download entire videos in the app, though they're undoubtedly encumbered by DRM of some sort.