I vaguely agree with you and to add to your point: I think the dynamics of selection are a bit different for Spotify vs Netflix, i.e. my personal assumption is

I vaguely agree with you and to add to your point: I think the dynamics of selection are a bit different for Spotify vs Netflix, i.e. my personal assumption is that customers are more elastic to selection for music than tv. You can consume a unit of music much faster than tv, and you repeat consumption of music more often than tv so things like playlists suffer more from absent music and albums than TV may do. I think it is vaguely easier to train TV watchers that there will be some rotating backcatalogue than you can music listeners...