No, I’m saying that Netflix WAS a streaming service only, and then created a scenario where they constantly need more money and can’t support their own business practices by incurring an insane amount of debt by complicating the platform and spending a small country’s GDP in creating new content. They WERE making money, and then went off the rails and now need to constantly raise prices.
I’m not sure what you mean about the CDN, but aside from Amazon and Google, none of these streaming services are caching at edge for the actual video libraries. Instead, Netflix specifically has tiered replication of their entire library in various AZs around the world tailored to each regions most popular content. You can see this at work by watching your network traffic hit different endpoints for something like a popular new title versus an old and rarely watched title.