I concur that this is objectively bad for the republic and the People.
I noticed a "Christmas special" on ABC the other night. I suspected, and didn't have to wait long to be proved right, that it was a Disney show, virtually a private-label, hour-long product placement for Mouse on their own captive network. I've also noticed name actors on ABC shows being given throwaway lines about going to Disneyworld, or mentioning Disney in some way.
You probably won't be seeing any Fox shows critical of China, either.
But again, the bottleneck has been removed. People want to know, one way or the other.