The old format is done and dusted, partially because of content strikes on youtube which weren't a thing on blip, but also because it was a trend that went away because its time was over.
What would have kept CA alive was an original project they could have actually made money off of with merchandise and DVD/Blu-ray sales at conventions. An original show they could have sold would have helped them considerably. Demo Reel, except it's about a small studio trying to make a new movie, and while filming it actually make the movie starring Spoony. A sci-fi show where every week they fight an alien that's played by a bigger internet star or one of the c-listers they made friends with at a con.
But it never occurred to them, or anyone else funnily enough, so it never happened.