I cut the cord within the past year because the only show worth watching on TV anymore was COPS. I found myself watching Youtube videos more than anything. I'm into fishing, cars, PC's, tools, and tech so I watch mainly fishing shows and channels like MCM and AvE. Now that COPS is Live PD, and all their stuff is on Youtube, everything I watch is on Youtube. It's discouraging that Youtube is changing their pay structure and making it tough for content creators. There are enough ads that they shouldn't have an issue. Most of these guys do all the production on their own and deserve the compensation for their hard work, more so than the stars of TV shows who have entire crews to take the workload IMO.
I'm pretty sure Youtube is just doing all this to corral people into their new, paid service. If they can get content creators to make content thats a Youtube Red exclusive, Youtube makes more money
EDIT: I guess COPS isn't Live PD, but they are completely different shows. Either way, same content.