I think that as a customer it's perfectly fine to say something is too expensive or not enough quality for the price. Making the jump that it aligns with profitability is one too far. It was predictable (and long predicted) that all those competing subscription services can only survive and keep prices low through hegemonic market positions.
Netflixs original value proposition (especially outside the US) was it was the streaming platform for all the big content producers - it had WB stuff, Fox stuff, Disney stuff, Paramount stuff, NBC stuff, ABC stuff, CBS stuff, it had all the major films as soon as their exclusivity windows were up, it had all the latest shows (some with the streaming rights while they were still being broadcast live elsewhere) and a bunch of 'classic' shows as bingeable box sets, plus their own original programming / films.
Now everyone and their mum wants their own platform, they all devalue themselves by only having whatever portions of content they have total ownership over - its the opposite of being more than the sum of their parts, they are each individually less. IF it hadn't been for the Fox buyout bolstering the back catalogue, Disney+ wouldn't be shit, and thats the only service in relative competition.
Again, I dunno how it is in the US, but outside the US these channels aren't going to be surviving on their own. Netflix should be using its money to be the international distributor for things like Starz and AMC (who are gonna be first against the wall) and trhen playing the waiting game for your CBS, NBCs and Paramounts of the world to cave to shareholders.