Personally, the value proposition for Netflix is really lacking compared to Amazon Prime (which also comes with prime video and Amazon music) and Apple One family (which also comes with Apple Music, extra iCloud storage, Apple TV and Apple Arcade) which I have so it was pretty easy to cancel my Netflix subscription.
If I could bundle Netflix with something else it might make it worth it but comparatively the content on Apple TV is so much better than anything Netflix have at the moment, in my opinion (really enjoying Silo atm but have loved Ted Lasso, Severance, The After Party amongst others).