Also, whenever Netflix spends money to produce content they are creating IP assets that are much closer to fungibility than any IP most software companies ever

Also, whenever Netflix spends money to produce content they are creating IP assets that are much closer to fungibility than any IP most software companies ever create. A bank will be much more willing to consider the rights to the House of Cards remake as a collateral than your awesome build configurations, an in-house web framework or even the entirety of the Oracle RDBMS sources.