The modern "Netfix model" has seemed to resulted in large number of new TV shows (relative to number of new movies) which always seem to get killed before their plotlines are resolved. And when I have something in mind I want to watch I often don't even know where to find it.
I'd prefer to go get DVDs from Blockbuster at this point - it'd be more convenient!
Although, I think Netflix also does not directly employ the people that make media, just like Apple. They just employ the people that curate it and distribute it.