I think cable TV—especially with QAM-encoded digital channels—will survive because they won’t suffer the bandwidth transmission issues that plague Internet Protocol TV (IPTV). And because digital cable TV can offer around 150-175 channels of programming, program selection is less of an issue, too.
Bandwidth will continue to increase and take care of the issue. Just think of where we are today vs 10 years ago. Few had broadband back then. Now its almost universal.
It is all about control.
Dinosaur Media = you watch what we show when we show it.
New Media = you watch (or blog or surf) what you want when you want it.