For a moment, it seemed like the streaming apps were the things that could save us from the hegemony of cable TV—a system where you had to pay for a ton of stuff you didn’t want to watch so you could see the handful of things you were actually interested in.
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they didnt split off, Netflix’s library has grown over time.
Not at all. The number of movies in Netflix has shrunk over the years. You could technically argue that it’s trending up again, but it’s not even close to how many they had in the early 2010s, and it’s not even debatable that many movies and series were taken away so that studios would put it in their own streaming services. There was a lot of Disney and Marvel stuff on Netflix that was taken away, as an example.