Yes. That's why Netflix has tons of Dreamwork cartoon shows. Ultimately, Netflix needs to fill up the void that Disney's exit from their partnership will generate. So they're for now focusing on quantity, hoping that some of the works might actually be qualitatively good as well.
Depending on how many more disappointing garbage shows the nips produce though, there is a risk that Netflix will then simply do the same like Crunchyroll and become part of a normal production committee, instead of letting the anime studios free reign with their money.
That on the other hand would prove once and for all that the anime studios are just incompetent and really need to be put under the firm leashes of a bunch of producers telling them exactly what to include in the anime show, giving the anime studios only a minimum of freedom.