I haven't seen another comment that addresses this so I'm making this point:
I think it is important to remember that a lot of Netflix's streaming content comes from those, and other, traditional TV networks. If it wasn't for the advertising dollars paying for those shows to be produced, and then later licensed for streaming, then we would be worse off in regards to breadth of content.
So, while Netflix viewing might surpass those networks, a lot of those viewing hours are spent watching those networks' content.
I think it is important to remember that a lot of Netflix's streaming content comes from those, and other, traditional TV networks. If it wasn't for the advertising dollars paying for those shows to be produced, and then later licensed for streaming, then we would be worse off in regards to breadth of content.
So, while Netflix viewing might surpass those networks, a lot of those viewing hours are spent watching those networks' content.