I think you've worked it out: because Spotify doesn't sell music. In producing it's own programming, Netflix started competing directly with the very people pr

I think you've worked it out: because Spotify doesn't sell music. In producing it's own programming, Netflix started competing directly with the very people providing it's content. I assume streaming on it's own just wasn't considered lucrative enough; but it still seems ill-advised to me. What happens seems completely predictable, yet Netflix could have had a really good long game here.