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I got hit by this pretty hard and have since moved a lot of my viewing to https://freetubeapp.io/ (An AGPL desktop viewer for YouTube content)
For your TV needs: https://github.com/yuliskov/SmartTube
I think YouTube doesn't realize the size of the beast they're provoking if they intentionally break downloaders, adblockers, and alternate clients.
If this is a cat and mouse game of technical prowess between hackers and Google engineers to consume content without ads, Google will either lose or use the government to do violence on open source developers.
If that game begins in earnest, then people will fear for the long term existence of YouTube, and it will become self-fulfilling as people mirror content on other sites until the cat-and-mouse game as it becomes pointless to invest ever more money into ever smaller returns.
New video sites will gain massive number of users and over-inflate in value if there's a YouTube exodus and the process can begin anew.
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