Broadcast TV (and cable TV too) has been whithering on the vine for a long time. What a network couldn't broadcast on TV could simply be put on YouTube or other social network. TV could become state-owned media at this point and I don't think anyone would really care as long as the Internet is the way it is.
I largely agree, but I think we have another 5-8 years before TV’s candle light is really extinguished. I hope they fight this nonsense to the bitter end.