TV Ratings Are Way Down. But Does Anyone Care?

This is not the same thing as saying, “Ratings don’t matter anymore.” We’re not in a post-ratings world — at least not yet. As long as revenue from advertisers remains part of the network TV business model, ratings will matter. Broadcasters aren’t Netflix or HBO. They still want to live up to their name and find shows with a broad appeal, like This Is Us or The Big Bang Theory. But after a decade of audience erosion, including double-digit declines for the vast majority of shows this season, networks have finally accepted reality: People aren’t watching the TV the way they used to, and selling commercials isn’t enough to pay the bills (and make a big profit).