I've never found value in TV (cable or otherwise) because it seems to be mostly ads these days, but I do a very similar thing in the car. I subscribe to SiriusXM radio (because most channels are commercial-free while FM radio around me is loaded with more ads than music). I have a music streaming service and music on my phone I can pick from, but more often than not I don't want to pick my music. Especially while I'm driving. So I turn on a station I like and can listen ad-free. And if I flip to another station, it's highly likely I'm flipping to another song being played, not to another ad being played like FM radio or TV.
If cable TV could be commercial-free like satellite radio, I might be a subscriber. It's the same reason I cancelled my NYT.com subscription: I don't like paying for the privilege of watching advertisements. If I'm paying you money, I'd better get an ad-free experience. If my monthly fee doesn't cover the cost of replacing ads, then you're not charging me enough.
Maybe Netflix should set up channels where they just play shows back to back like cable TV does.