I don't think consolidation is necessarily bad. It makes sense from a cost perspective too. I guess they could just license out the content, but this will probably grow the catalog a lot.
Of course Netflix is saying all the right things now to keep anti-trust off their backs, but at some which culture do you think is going to win out?
What people want (presumably) is a market where you pay once and you access everything and the money get divided based on creators, distribution or whatever.
Under current market conditions, that will happen only in the limit where a single company owns everything.