Earlier quoted context omitted.
>First off, the number of movies and TV shows that merit even being watched is dwindling The first item in your list to others is subjective
That's a popular and socially safe point of view, but it's completely wrong. Artistic merit, like truth and beauty, is an objective quality completely orthogonal to cultural differences or personal opinion. To illustrate this orthogonality, I invite you to realize there exists art which has great merit and yet which you personally do not like. You should be able to do this, if you can't manage I can provide my own ex…
But of course, you mention "merit", which if my English is correct is "the amount of work / effort / skill involved". But I personally do not like the duct taped banana, and the work / effort / skill involved is minimal - and yet it's considered art, and people go out of their way to view it.
The Mona Lisa is "fine" (in my opinion), took skill to make, but it wasn't considered particularly exceptional in the works of Da Vinci - until it got stolen. It has objective "artistic merit", its beauty is subjective, but its financial and cultural value exploded through the roof due to its story.