@csizmawarrior
I think the start of TV losing all their money and power was really when they started offering 1500 channels (though for sure streaming services kicked it the rest of the way down the stairs). It devalued all their advertising. 25 years earlier, when there were only 15 or so channels, you could buy a TV commercial slot and have a reasonable expectation that ##,000 people would see it. Buy a slot on one channel at one time now, on one of those 1500 channels, and only a small fraction of as many people will see it. It becomes much less worth it to advertise on TV at all! Advertising is the main source of TV funding, so that has been a critical problem that has even shut down some networks.
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@csizmawarrior
I think the start of TV losing all their money and power was really when they started offering 1500 channels (though for sure streaming services kicked it the rest of the way down the stairs). It devalued all their advertising. 25 years earlier, when there were only 15 or so channels, you could buy a TV commercial slot and have a reasonable expectation that ##,000 people would see it. Buy a slot on one channel at one time now, on one of those 1500 channels, and only a small fraction of as many people will see it. It becomes much less worth it to advertise on TV at all! Advertising is the main source of TV funding, so that has been a critical problem that has even shut down some networks.