This way, the public can access copyright works, and producers of works can be paid, but distribution is opened up. Creators still get paid, distribution isn't monopolistic.
Netflix can argue "this show is worth £5 per viewer" and only sell rights at that price, but they pay tax on that price, and crucially the rest of the catalogue then needs to add up so if viewers are paying £8 per month then the rest of the catalogue is marked down accordingly. There will be manipulation, but if it doesn't reasonably add up then apply the sort of penalties in the EU of 20$ gross profit fines; strike off directors for copyright abuse (can't be directors of media companies again).
I can't see that this would harm income for creators, only for distributors (who aren't needed, they're just duplicating using monopolistic practices), and it seems it would have broad appeal.
So, yes, I agree.