And if your scenario played out a vaccum would form from the disaffected viewers and new stations or programs would emerge to serve this audience.
A free market solves its own problems.
I disagree. I am a believer in the free market and supply side economics, Thomas Sowell is my guru, but I do not believe it would work out that way with network television.
I admint this is just my opinion. I do not trust them to police themselves or even to have the market police it for them. Money is more important to them than moral prudence. Sure, there are people who would complain and boycott the advertisers, but I think we are reaching limits on that. It is the fatigue factor. People just give up fighting, even if they oppose it.