I believe on the internet competition IS a good thing.
It means there is a high demand.
Sadly most people are afraid of competition.
Too many what if questions.
I don't know maybe if the 4 locations you shared about did something jointly maybe prosperity would have lasted longer. Who knows?
Let the competition sort it, Competition of revenue, customers, viewership, readership...whatever it is. It should drive one to excellence and meet the competition expecting a win.