Yes, cable is down for all, so why use that as your basis? Meanwhile streaming has gone up 25 million subs. Their revenue/paying subscribers has been very steady.
Their issue, along with everyone else's, is the cost of paying out to sports leagues, at a wildly increasing rate (meanwhile these bum *** fired HCs rake in $30-$50mm for sitting ont their butts due to Jimmy Sexton).
Coaches' salaries are skyrocketing, as are players'. And the fans pay for it all, at the end of the day. You'd imagine some balancing will happen eventually, but only with market pressures, and even then...these newfangled PE entities tying franchises with casinos and entertainment complexes...this is only the beginning of a new era of sports entertainment...perfectly inline with the 


 era of immensely increasing wealth disparity.
A world made and controlled by the very top.