On the web anyone can make a website and get popular enough to compete with the big players.
Can you make an OTA TV channel (whatever the hell that is) that will get more viewers than Fox News?
I could give you examples of mom and pop websites that surpass big corp websites in views. Can you give me an example of a TV or Radio station that surpasses the big 3 (4? 5?) in views?
The answer is no. The reason is because OTA and amateur radio and television are a different stratum than "regular channels".
But online, all websites are in the same stratum. Until the FCC gets on it. I hope this clarifies my point.