Can MTV Return To It's Glory Days of Music VideosWhen every niche cable network comes in full circle

The effort is led by publisher of Mean Magazine, Kashy Kahledi, an old music video geek, who feels premium value is returning to the art form after Lady Gaga and Kanye West's successes. "It says that there's a certain nostalgia, that there's a sort of excitement for the music video again," Kahledi said.
The irony is that GaGa's & Kanye's biggest "MTV" impact were interrupting Taylor Swift's acceptance speach last year & wearing clothes from Oscar Myer.

The irony is that even if MTV wanted to ditch reality TV and bring back the music video, it wouldn't matter because the state of the music industry has flipped upside down. When music videos were in their prime, Napster didn't exist and YouTube was years away. Music videos haven't lost all relevance, but they've adapted to today's viral environment where everything is on Vevo/YouTube, and people only buy music because they don't know how to use Google correctly. Times have changed, and today's music video doesn't fit into the end-all be-all role it once had, because our attention spans have been divided by four -- there's too much information on the internet coming at us from all ends for us to value it as much anymore.
So true.
Vulture reported that MTV has taken on a new series where they'll finance music videos to turn them into epic dramas -- in other words, really expensive, cool-looking music videos with good directors. The series is called 'Supervideo,' and it officially started with a new video for LCD Soundsystem's 'Pow Wow,' featuring Oscar-nominee Anna Kendrick of 'Twilight' and 'Up in the Air' fame.
Can this series revitalize the cultural relevance of music videos once again, or is it just a pet project to please MTV's older fans? Simple answer: MTV gave birth to the music video, it killed the music video, and it still won't resurrect the music video -- at least not to what it once was.
Uh, big budget music videos with the hottest celebs & notable directors have been already been done a long time ago...
Also nostalgic/older MTV fans more likely would just click on YouTube or watch VH1 Classic. Mostly just fans of that particular artist.
Music videos in general peaked around 1994 and the novelty wore off soon after.
As for MTV's decline of video airplay, their ratings were actually low by the mid 1980's, which they had to expand their programming more to get ratings.
Granted that they did air "Headbangers Ball", "Yo! MTV Raps", "120 Minutes", "Dial MTV", "Unplugged" & "Rockumentary" specials, "Week In Rock", and various music programs in the early '90's, but they went overboard with non-music related programming. Probably started with the late '80's with reruns of "The Monkees", "Young Ones", and original game show "Remote Control".
By the early '90's, they went overboard with the programs and constantly aired marathons of certain shows...
If MTV still airs music videos & music related programming, it'll focus mainly on current artists and/or what's "hip" like always. Fuse is a good example of what MTV would be like today.