Deliver the news to you anywhere and everywhere with a receiver that can be built from scavenged garbage. Terrestrial absolutely still has a place, and will most likely outlive the internet.
You’re right that experiencing a movie individually on a phone screen is the ideal medium.
The only way to receive news or bulletins for weeks was just one remaining AM radio station that kept broadcasting even as the storm hit and their building began to flood.
Radio can send signals between continents with zero infrastructure between the sender and receiver.
Satellite radio probably contributed to the demise of AM radio in countries where its available. It offers the benefits of AM (range) without the major downside (quality) with both being infrastructure heavy.