Japanfan
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This may well be true, or at least for niche sports, but where do you get the future fans or skaters from?
For example I'm in the UK, and while events were being streamed on the Skating ISU channel, I would estimate there was a maximum of 5,000 people, and probably very considerably less than that, that were watching at any one time, and even for the most popular event.
I would be very interested if anyone here can lay out a plan/vision for the Skating ISU channel that is going to increase the popularity of the sport, rather than acting as some sort of stop gap in the absence of TV coverage, as I can't see how casual fans (who end up going to arenas) and potential future skaters are going to come across it.
In the absence of TV coverage any potential new fan/skater is therefore only likely to come across the sport every 4 years i.e. at the Olympics, and I can't see any way that that is going to grow the sport going forwards. Hence why it is important to strengthen the World Championships as much as possible within reason, and give the TV companies as much reason as possible to show it while you've got the chance, otherwise you really will be stuck with the 'fan only' route of streaming etc.
Canada's public broadcaster has shown Figure Skating for longer than the 20 years I've been watching it. At least Worlds and sometimes more than that (4CCs when it has been in Canada?). A different broadcaster, CTV, covers Nationals and Skate Canada. I do remember the year when the CBC broadcast GPF because I was so unhappy when they only aired one skate from the GPF Ladies FS, Mao Asada. And the CBC always used to cram its GP coverage into a two hour show called 'Sports Saturday', which included coverage of other sports.
CBC's contract to cover figure skating expired last year. This year is announced it had no plans to cover this year's worlds, but that changed because the host country is required to provide a host broadcaster.
In future I would be surprised to see any live coverage from CBC. And we don't have the alternative options that Americans have.

This year we watched the Eurosport coverage of GPF provided on You Tube, and ISU stream of 4CCs.
As to the future of the sport, I think it is quite grim, unfortunately. I don't expect the sport to grow.