Yes, all that is true, but even on weekly network shows, it's become harder for an individual episode to be something special in its own right because it's usually just a fragment of a larger whole. Like Supergirl's adaptation of the classic comic story "For the Man Who Has Everything" was pretty disappointing, because it had so many other ongoing storylines it had to address that the actual adaptation was rather cursory. I think there can be a better balance between the parts and the whole. For instance, Babylon 5 essentially pioneered the modern model of having each season be a complete, novelistic story arc that came to a climax in the season finale, yet each individual episode (or 2-parter, occasionally) focused on a specific piece of the storyline and told a complete tale within one episode. The stories in those episodes added up to a larger whole, advancing the narrative and having lasting effect on the status quo, but they also worked as full, self-contained stories in their own right. I feel that something like that, a balance of episodic and serial storytelling, is better than going too far in one direction or the other.
Speaking of Netflix and shows designed for binge-watching, what I find a bit paradoxical is that Netflix shows always have full-length opening title sequences -- indeed, significantly longer title sequences than were normal in the past even when such things were standard. I'd think that if one wanted to binge-watch a show, having to see the same opening sequence over and over once an hour would get tiresome. I wonder if the reason they do it is more technical than creative -- depending on one's system speed, the image quality can start out low and take a while to clear up, so maybe the long title sequences are meant to give the file a chance to load. Although that wouldn't explain title sequences that come after a teaser.