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Netflix is turning into cable TV
(www.theverge.com)
This is a most excellent place for technology news and articles.
I think you're applying your own viewpoint here to the general public.
I don't enjoy wrestling. I also don't enjoy reality TV, teen dramas, horror shows, or European Football. But that doesn't mean they don't have value.
If TV needs to provide some infallible, logical benefit to be worth something, then every show is in trouble. It's practically all made up stories about nothing that matters.
This is one of the narrow times that "the customer is always right" applies correctly. It doesn't matter if it's "good" by any one person's definition. If people watch, it has value.
I'd pay good money to see high quality Starcraft 2 tournaments on TV. I doubt many other people would. That's how value is determined.