I think you are seriously misreading things with your Apple example. There is a big difference between premium video content and music. The difference being that the entire music industry has basically become superfluous. Apple can bend record labels over their knee because the job that record labels perform—seeking…

Echoing what mwhite says, Netflix better beef up their streaming catalog but quick, or this is going to blow up in their faces. Netflix' appeal has been this idea that "everything" was easily available at one low price. It's the DVD catalog that has allowed Netflix to prop up that ideal—and to hide the relatively…