Well, maybe not that extreme… but the TV as we know it is certainly dying out. Just look at the options for viewers now: OnDemand to request your content from your TV provider when you want to watch it, DVR/Tivo to watch content when ever you want, pause live tv and skip the commercials, Netflix which offers movies to your home (either by mail and now over the internet on demand) with out having to leave the house and now Sling Box so viewers can watch content at anytime of the day, in any location.
The media is changing and as more content is provided online, provided users can view this with appropriate bandwidth speeds, viewership through traditional cable providers will continue to change and dwindle. This story points this out via a survey of online video watchers and their corresponding TV habits, and shows that boob tube watching is on the decline among those that are watching videos on line.
From personal experience, it’s the networks that will kill themselves and not any underlining technology or company that will “better” the viewing experience on line. HDTV has come along at the right time to resurrect some confidence in viewing television, however, if the networks continue to produce lame and boring content, they will implode on themselves as views find new sources for entertainment.
When internet streaming video can be viewed in HD on large screen monitors, THEN we’ll see TV networks get closer to that flatline____________________________