For a while, there were still interesting original shows in other countries (Money Heist, Dark), but then those seemed to dry up as well.
Netflix needs to learn the Amazon retail lesson -- if I randomly click on a product, out of your entire catalog, and the odds that it's satisfying (which isn't to say necessarily good, but at least not a waste of time) fall below a certain threshold (70%? So 3/10 unacceptable?), then I will stop using your service.
Now I just torrent X and watch it.
I cancelled on a combination of sharing, as my sister used and that stopped me cancelling earlier, plus general content got more limited for my tastes.
Many people seem similar as me, and this is a world where scale matters.
I actually wonder if it would be good regulation that government seperated streaming from creating/owning catalogues. I'm not sure if correct but I suspect otherwise we will have a small number of players controlling what the world watches which tends to be a bad thing.
The third alternative, the high-seas is cheaper and far less time consuming to manage.
That's the reality. Getting AAA shows on demand for $10/mo was always a mirage. The cable companies weren't conspiring against viewers by preventing you from getting channels a la carte.
Cross-subsidization is what makes TV work. The straight-to-DVD quality "streaming originals" are getting picked up by cable TV channels around the world that need programming. Eventually Netflix will see more profits from library royalties than they do from the subscription business.
But yes, the quality of Netflix US productions has nosedived, and their backcatalogue has been drained of anything valuable. I lost access a month ago and absolutely have no intention to subscribe, I'm happy enough with Disney+ as my sole channel.