You are wrong because in fact focusing on "the long tail" is exactly what they are doing. They are in the business of reducing the cost of "the long tail" of c

You are wrong because in fact focusing on "the long tail" is exactly what they are doing. They are in the business of reducing the cost of "the long tail" of content and ensuring that it is fixed and controlled by them. If it weren't for "Netflix originals" the content producers can just increase the cost at which they sell content to Netflix to destroy their profit margin. You can't scale a company into profitability if your costs are not fixed and are instead raised to maximally consume your profits.