I'm saying what you're suggesting isn't even analogous; the main appeal of YouTube is user generated content. Netflix and cable TV are competitors in the sense that they are competing for your time, but so are video games and blu-rays and books.

Something like Bitchute or Rumble or Odyssey are more analogous to YouTube specifically because they're designed around user generated content. This is not a pedantic detail; the appeal of YouTube is the sort of "infiniteness" of it; there's millions upon millions of videos on the site and a lot of them are appealing to specific niches and subniches.

With curated content like Netflix or cable TV, you cannot have nearly the diversity of content.