That would be easier if both GPU and display manufacturers weren't eschewing newer DisplayPort versions for older versions with DSC (which is not lossless despite its subjective claims of being "visually lossless"), while building in newer HDMI versions with greater performance.

There are a lot of PC boards where the iGPU only has an HDMI 2.1 output, or with a DP1.4. But DP1.4 doesn't support some of the resolution/refresh combinations that HDMI 2.1 does. Normally this doesn't matter, but it could if you have, for example, the Samsung 57 inch dual 4K ultrawide.

"Just don't support the majority of consumer displays" isn't really an acceptable solution for an organization attempting to be a player in the home entertainment industry.

I frequently see comments that say the TV companies are the ones getting the royalties, so I looked it up.

According to Gemini, the royalties go to the _original_ HDMI founders. That includes Sony, Panasonic, Philips, and Toshiba. It does not include Samsung, or LG.