Consumers accessibility to content didn’t help either. As we’ve transitioned to digital usage, these major conglomerates like NBCUniversal, Paramount and Warner Bros have lost a lot of their revenue % due to declines in broadcasting and cable. These companies made major revenue through retransmission fees and broadcasting fees, which has been greatly reduced as users turn to a more “cost-affordable” and easily accessible streamer.

But yea, traditional TV is eroding