[Retric]

The problem with that argument is young people spend so much time online. So, it often ends up as a 90$ / month bill for 4-5 hours a week of entertainment. What's really missing IMO is leveraging the huge backlog of entertainment where Netflix only scratches the surface. Cable was great when there where few options for cheap mindless entertainment, but what people want in entertainment not just the NFL or the latest gossip.

So, I suspect long term we are going to see a push for more 'timeless' entertainment. You might only get 100k viewers this year, but if your still pulling 50+k viewers in 20 years that's a lot of revenue over time. Make a great cooking show and it's still worth watching even if it's 20 years old, a travel log of eating establishments ages poorly.