Tell ya what, i bet if every production company magically disappeared tomorrow we would still have new shows. It'd start out like the early days of youtube (my favorite btw) but in my (perhaps unusual) opinion Netflix, disney, sony, et al are more a barrier to quality content than a benefit.
I mean, how many really really good things did you watch last year? What interesting, unusual things might we have seen this year if marvel 25 and spidweman 15 etc weren't taking up all the air?