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Disney, ATT, Comcast, Sony, Viacom between them have 85% market share of the movie industry. Are they really going to let some company like Netflix, Amazon, or whatever come between them and their customers? I'm skeptical. It takes a lot of money to make a movie or a show.
It's a serious barrier to entry, unlike in music (spotify) or in user-generated video (youtube). Would John Malone be buying content if he thought that Netflix was going to be eating his margin? Don't think so.
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I am skeptical of the long-term profitability of Netflix.
In the 