Cable tv makes $70 per viewer per year. Assuming the same for Netflix, they’d need a third or more of their users to churn to be non accretive. If they create

Cable tv makes $70 per viewer per year. Assuming the same for Netflix, they’d need a third or more of their users to churn to be non accretive. If they create a no-ad tier that’s slightly more expensive, I doubt churn would be that high.