Ultimately what everyone wants is a super easy interface to pay for precise a la carte content, never bundled, never subscription-based. If a given person wants to buy everything from HBO, they still could, and maybe could get a discount for subscribing, but nobody wants to be forced to subscribe to watch just a handful of content items.
It doesn’t matter if it’s Disney streaming, Netflix, Premier League soccer, or anything else. It’s clear rent-seeking to create walled gardens of content only unlockable by bundled subscriptions, and the clear consumer drive existentially threatening the TV industry is that all anybody wants is a dumb pipe with an easy interface to individually purchase each content item on its own merit, flat out.
Many streaming services, particularly Amazon’s, offer this to a way higher degree than Netflix, especially in terms of sports access and new release films.
Netflix is betting that it can create locked-in content that will compel people to stay subscribing, but I think this is a long-term failing idea. Bird Box is a great example: really poor production, sloppy writing with contrived villains, lowest common denominator stuff. Stranger Things? I couldn’t see one reason to care about it. Not exceptionally bad, just overproduced blandness. The gimmick of making things into viral phenomena is not a stable business plan in this area.
As prices rise, Netflix just becomes another HBO. A walled garden of content, except HBO actually makes good television and knows how to do it. Netflix is trashing its own brand with mindless crap. It’s network quality for premium add-on prices. Especially if economic hard times hit, this is exactly something people are going to realize they can live without.