Earlier quoted context omitted.
It is different. It's as different as books+magazines vs the internet. TV on the internet (ie, video) has basically an infinite supply. I couldn't binge 70hrs of Game of Thrones followed by 70 hours of Breaking Bad before "TV on the internet" nor could I watch an endless number of documentaries and tutorials on youtube.
Growing up, my friend’s parents literally had 100s of VHS tapes, of many TV series and movies they had dubbed. There was always something to watch. Of course, you had to physically be at their house.
As with many things, the friction and need to plan is less today but the VCR freed you from the network schedule to a significant degree.