Is boxing is dying on televison?

I think being dropped by terrestrial TV, and splintering into alphabet titles, are the main problem.

Also allowing too much holding and clinching, moving to 12 round fights, mickey mouse divisions, and bigger gloves. These reduce the number of KOs and increase the number of alphabet belt-holders, both of which are boring.

Clinching should basically be banned, that would make boxing more exciting by far.