This sounds like a cop out to me. I think Netflix just wants to spend more money on original content and TV series that people will binge watch. While that isn't necessarily a bad thing, bragging that people will watch the same amount of movies, whether they are crappy or not, is kinda lame. “No matter what, we end up with about one-third of our watching being movies,” he told the audience. Netflix believes that by the time many blockbuster movies make it onto the platform — many months after being released in the cinema — a majority of fans have already seen them. “If you were passionate (about a movie), you’ve already seen it,” he said.