RE: The Decline of Hollywood: Television Episodes
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I think one of the bigger challenges is the large gaps between seasons. It used to be that there was a traditional tv season which ran from the fall to the late spring. Nowadays "seasons" is a relative term. There could be years in between seasons. It's easy to lose interest in a show when so much time has passed.
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The biggest challenge is that YouTube is now the largest streaming service. This means that the framentation of eyeballs across the entire spectrum is taking place.
We are definitely living in an on-demand world. Being everywhere people choose to consume content is challenging for creators, but offers the most flexibility for content consumers.