I think you've hit the nail on the head with their strategy. The problem is that when 80% of the stuff they create is content that there is no chance I'd enjoy I'd prefer to just go to a streaming service that focuses on the content I want to consume. Netflix's strategy works when they have a tech advantage, but now that there are other players in the game Netflix is too expensive for the amount of content they create for each person to enjoy. They only way to justify it is to split between like 5-10 people imo, which they are trying to crack down on.
