When I signed up for Netflix, it had a mixture of a bunch of recently aired / ongoing US TV boxsets (stuff like Gotham, Shameless, Its Always Sunny, etc) a bunch of classic US TV boxsets (your Breaking Bads but also your Losts, your House, your Alias, your Star Trek etc as well as some older stuff like Mission: Impossible), and a selection of decently rated original shows (Orange Is The New Black, the Marvel TV stuff).
Nowadays, it doesn't even fucking bother with most of the Us TV stuff that was its biggest draw, so outside of Better Call Saul, there's nothing ongoing from anyone else I give a shit about, most of its 'back catalogue' they also don't give a shit about so that's gone to other streaming services (most noticably Amazon Prime hoovering everything up thats not intended to pad out the launch of a Single Channel Subscription Service later) so - again, outside of Breaking Bad - its basically the Star Trek boxsets which are clearly on borrowed time, and a lot of their original shows are shovelware shit, or when they do have something good they cripple it by splitting it into two so they can stretch it out beyond a free month sub.
I haven't cancelled yet, but I am on their most ghetto possible 'one screen only and only in SD' tier - one more annual price hike without an associated increase in quantity or quality (because, honestly, both have been slipping) and I'm done.
I get for long term sustainability they need suites of shows that they and only they own the rights to and can never leave the service, but spend some of your fucking profits buying older shit thats not currently broadcasting, or renting back catalogue syndicated stuff.
Theres a ton of 60s/70s/80s/90s shit that must cost fucking pennies to licence, and I might not sign up to a streaming service for old episoes of Knight Rider or Baywatch or Quincy or wtfever, but its stuff I can mindlessly rewatch while doing other shit and it adds to the overall 'reasons to stay subscribed'. Especially given I don't have access to most of the US ad-supported streaming services which do this exact same thing.