Why doesn’t Apple just buy Netflix?
Netflix lost a lot of its pop culture cachet and reputation in the last few years with a skew towards quantity instead of quality, constant price increases and user hostile moves, along with the emergence of multiple good alternatives.
It would've been useful for Apple to have acquired Netflix maybe 4 or 5 years ago to get into the TV game but they took the long and methodical route and they don't need it anymore.
If Apple is shopping for any streaming service, I'd say buy Paramount/CBS and get the Star Trek universe to go head to head with Disney and Star Wars. They'd also get Transformers, Teenage Mutant Ninja Turtles, Mission: Impossible, Indiana Jones, The Godfather and many more franchises that could turn into regular film/tv releases.