Well not sure all of what MSM does, but specifically for TV late night that is also available over the airways (FCC stuff). We probably won't have to, streaming services and internet content will kill...
As the older generation passes on it will go away. I'm just on the verge between Gen X and millennial. I've never had a paid TV service in my house, and I can't remember the last time I watched broadcast TV, even at a friend's house, because they don't either.