Blitz is too fast for commentators and host to follow. Active chess control is the future of chess. Audience enjoy any game or sports with lively host and guests. WWE style commentary would boost chess TV ratings.
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The internet in a few more years will fix chess for us, it will start with all titled players abandoning long time control OTB prize tournaments in favor of online blitz, rapid, and bullet prize tournaments, then amateur tournaments of the same kind will follow in a large scale. There will also be a new system to award chess titles.