[sib]

Netflix is not a "cable replacement" streaming service. Those services are the so-called VMVPDs such as PS Vue, DirecTV Now, SlingTV, YouTube TV, etc. The key characteristic of these services that differentiates them from Netflix is that they have some coverage of live TV, local TV, and/or sports.

[Broken_Hippo]

Satellite service has, in the past, failed at local TV - but most folks view that as a cable replacement.

And like others have said, people are using Netflix to replace cable - and as such, it is a cable replacement. It isn't difficult to get some live news from major services (BBC, for example) or get some local news from local sources. I don't know much about sports as I've never really watched them - but I know in some places, you need a fairly special cable package to have good access and that sometimes, a disagreement between the networks and the cable company will keep them from you. Using sports as a marker seems pretty flimsy.

[nordsieck]

> Netflix is not a "cable replacement" streaming service.

Except that some people are replacing their cable with Netflix. So it is, in fact, a "cable replacement" for those people.

[cwkoss]

Perhaps the cable industry doesn't define them as so, but Netflix is absolutely is a cable replacement for many consumers.

[sib]

Many people cancel cable and don't subscribe to anything, and decide to read books instead, but we wouldn't call "nothing" or "reading books" a "cable replacement service"...

From the GP's comment, it's clear that the reference was to actual "cable replacement services."