Okay, here's a few reasons why this basic analysis falls short and doesn't apply a monetary valuation on the following items:
a) like someone else mentioned, Netflix doesn't materialize out of nothing. You also pay for your Internet connection (and bandwidth).
b) Err, sports anyone? This is actually the only thing stopping me since other than doing kludgey stuff with Kodi/XBMC there are no good (legal) options where I live
c) like someone else also mentioned, Netflix shows older content
d) may not matter to many of you, but for me, Netflix is not regulated by the federal broadcast authority; i.e. they can do whatever they want pretty much
Seriously, perhaps the original writer decided to write 3-4 paragraphs after googling for 30 mins, post it, await reaction from proper forums and then use that information to actually write an insightful article? I can't stand lazy journalism. and the worst is that Slashdot appears to provide a willing vehicle to crap content like that.
How does one get a gig like that?