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I agree with Jim Gunn above - the two will co-exist.
There will always be some demographic who will want to watch their TV through their cable company, which ironically in some cases can be your Internet company also.
We still have regular cable TV. We have DVR recorders on the two main TVs (Family room and playroom) and then three other TVs in the house. We also run Chromecast on two of the TVs, so we can stream anything from the Internet. We have Netflix and Amazon Prime, but their selection is limited. The vast majority of TV shows we watch is on Cable TV and not Netflix.
When Netflix can offer the same programs cable TV can and at a much cheaper price, Netflix will dominate.
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