I'm asking because I'm still not sure myself.
Saturday morning as "childrens entertainment day" only came to form in the 1950's with the widespread adoption of "the small screen" in the Television Age. Shows aimed at kids did make money for television networks, but that was dependant on circumstances that allowed producers and networks to "fine-tune" their products for maximum profits.
So what killed SatAM cartoons?
A) The VCR - Recordable TV frees viewers from TV schedules, any day can be Saturday.
B) "DuckTales" - This is a Biggie! Never before had animation of this quality been available as a syndicated weekday afternoon series. This was a total sidestep to the Big 3 televisin networks. Once proven that kids TV can make more money Monday trrough Friday - "SatAM's" days were numbered!
C) Children's Television Act of 1990 - Congress put into law mandatory requirements surrounding all programming aimed at kids. The effect of the CTA was to turn SatAM into a money losing situation fro TV networks and sponsors as well.
The Saturday Morning Cartoon Universe that made up the lives of generations of kids, (of all ages), only existed as long as it made money. Just like newspapers, radio, magazines and online content; there's a price tag attached to everything, especially if you don't notice it.