I think you're right, but I've always been a bit skeptical of that vision -- it implicitly relies on the assumption that "THE streaming service" will choose to make as much content available as technically and legally possible; they're imagining something like "Spotify but for movies and TV shows". But I was always worried about "Apple's App Store but for movies and TV shows": one company with ultimate gatekeeper status over what you can and can't legally watch. (The movie and television business is not like the music business; the financial incentives don't, as far as I can tell, support the same kind of distribution models.)
I'm not particularly thrilled about this kind of consolidation, but given that Warner was going to be bought by somebody, Netflix may be one of the least worst outcomes.
I'm not particularly thrilled about this kind of consolidation, but given that Warner was going to be bought by somebody, Netflix may be one of the least worst outcomes.