They’re stuffed with content, but much of the content is of poor quality. The good stuff everyone has seen, and you can attract new viewers with a new show that is good.
If I watch only 3 Netflix movies or 1 serie in a month, I should be getting 10 times more budget per movie / serie than a person viewing 30 Netflix movies / 10 series. Sadly this doesn't happen.
I disagree. Tons of good stuff flew under the radar over the years... I have a huge backlog to work through just flipping through ranked stuff on Reelgood.