It's kind of sad because Netflix had over 5 billion in net income last year, and 30B in total revenue. Suppose that Netflix can afford to spend 15-20B on content a year. You could do so much with that money. I mean, 20B is 20 thousand million dollars. Assuming you take just 5 billion and fund indie movies at 20M a pop, you could produce 250 indie movies a year. If they were smart about it, they would give scholarships to kids coming out of movie school. Create movie making contests. Give a lot of fresh young creative people a shot, and keep funding the creatives that produce the better reviewed content... Like, you know... A meritocracy of sorts...
Most people coming out of movie school never get to produce movies. There's just a lot of wasted talent out there. If you have tens of billions of dollars, there's no excuse for producing shit content year after year.