> These companies blew up a successful business model that the public enjoyed, that was immensely profitable, and they replaced it with a mishmash that we have now
They were only "immensely profitable" because they were in an oligopoly with 4.5 players. Netflix disrupted that, and then it was a race to the bottom. Saying the "public enjoyed" network TV is a bit of a stretch, too. For the most part, it was just adequate.