$200 is arbitrary and i'm not even sure it matters. would $100 or $50 be a different argument? that said, your analogy does not consider: 1. netflix has an insufficient library
2. as you admit, torrents are available essentially the same time they air.
seems they are completely aware they can get $200/m of paid tv content entirely free as well. which would actually suggest, despite your sarcasm, that no, it's not the reason.
