Oh, absolutely - don't get me wrong. The quality of the content has never been higher (if we exclude The Wire and The Sopranos). It's the format that's the issue here - there's no way I'll sit in front of the TV at a specific, network-dictated time, so unless your content is available as stream (in non-US countries), I will find other ways to get it.

Concerning YouTube content: For me it's a lot of about in-depth reviews of niche products. In my free time I work in audio and music production and being able to see a compressor, synth or DAW techniques explained in a series of long, well produced videos is something that simply wasn't available some years ago.