I agree there are more options and more people probably watching via streams etc.... However, I HARDLY think that can account for nearly twice the ratings of the Attitude Era. You have to give credit where it was due. The Attitude Era was the perfect storm of GREAT talent; GREAT writing AND a public that just ate 1 and 2 up.
I'm also not sure if this is provable (people can do amazing thing with math) but IMHO the lack of any "real" competition has also caused people to lose interest and decrease the quality of entertainment.
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