broadcast networks streaming media change.

Rough times for broadcast networks illustrate changing media landscape

Two milestones revealed this week illustrated the diminishing power of broadcast television in a new media world. Nielsen said Tuesday that the number of people who watched streaming services in June exceeded those who were watching broadcast and cable television. That’s only happened one time before — in May — but that was only by a fraction of a percentage point. The margin widened considerably in June, driven in large part by young people who got out of school and have more time to watch shows like “Ginny & Georgia” and “Squid Game” on Netflix. Fox News Channel last week eclipsed all of the broadcast networks in prime-time weeknight viewing for the third week in a row.

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