The Rise & Fall of Arena Shooters

At one point the Arena Shooter genre was king of all FPS games. From Doom to Duke Nukem, Quake and Unreal Tournament, the genre has a long history of successful and beloved IP's. But in the last 15 years or so, it seems this genre of FPS has fallen completely out of relevance. Why?
Why did Arena Shooters rise and fall?

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____TIME STAMPS____
Introduction – 0:00
What Is an Arena Shooter? – 1:27
The Rise of Arena Shooters (Wolfenstein, Doom & Quake) – 4:55
The Dawn of Console FPS – 11:14
Valve Enters the Frey – 14:27
Combat Evolved – 18:07
The Dawn of Online Gaming – 20:30
End of an Era – 22:38
Conclusion – 31:18

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How Much Does Multiplayer Population Matter? (Raycevick) - https://www.youtube.com/watch?v=DlCpX53pvac&t

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