Wish I knew!

I think it is definitely feasible that overall TV industry (traditional plus streaming) revenue declines for some period and then eventually starts to grow as the rate of traditional erosion is offset by continued growth in streaming.

But hard to say how close music is as a parallel. Even though it is now growing, recorded music revenue is still down about half from its peak ($20B+ 20 years ago to ~$10B today) and it really fell off a cliff in the early 2000s. That was because it was a transactional business (people buying individual CDs, at that time), and CD sales collapsed due to piracy and then Apple’s successful efforts to unbundle the album. It is now transitioning from a transactional business to a subscription business. TV is already a subscription business, with a lot of customer inertia. Traditional TV will likely decline at a much more moderate pace.