Chaacra no, a netflix styled subscription service will not work. your statement claiming that "if netflix works so well, it's not for nothing" cannot apply AT ALL to WN b/c you're missing 2 key facts-- 1) though both are platforms that provide entertainment, WN is for reading & netflix is for video streaming. that's like comparing apples and pears. 2) netflix does not earn money the same way that WN does. they do not need to pay a bunch of small content creators 50% of the pay that the small creators earn from readers unlocking "episodes" or "movies" (in this analogy, chapters for WN). all netflix needs to pay is a licensing cost, some production fees for when they decide to create content, and other marketing/etc. fees while WN's entire profit relies on the personal income of the individual authors.
authors already make very little a month. many rely on the MGS and only earn $200-400 a month for all the hours they put into writing. you want to go to pirate sites which welcome you with a happy smile? guess what? you're profiting off of something very illegal & you're ripping off the hard work of all the authors you read pirate novels of. you're not hurting WN. you're hurting the small creators who are trying to make a living. this behavior is unbelievably shameful.
WN costs are not overpriced. there are stats to prove this. if you're burning a hole in your bank account, that's not WN's fault, it's your reading addiction's. why would you pay coins to a story you don't know if you will like it? most premium novels give you 60-100 free chapters before you have to pay. if you've read 100 chapters and you still don't know if you will like it or not, why would you waste your money on it?
WN once had a subscription system. it completely destroyed the income of authors, and it was proven to not work. therefore, the membership system they're offering is probably the closest thing to a netflix subscription you're going to get.