Part 2/11:
Leno begins by acknowledging how much the TV industry has transformed since his heyday. Historically, viewers tuned in to "must-see TV" at specific times, but in the streaming age, that concept has largely faded. Today, viewers can watch entire film trilogies on-demand without interruptions, which diminishes the ritualistic aspect of late-night programming.
He points out that increased advertising has also reshaped the format. Longer commercial breaks mean that shows often contain only 44 minutes of actual content per hour, diluting entertainment with relentless ads—sometimes to the point where even familiar products like Jake from State Farm become tiresome.