I am still fairly young (or rather, not yet too old) and am just getting to the stage were student debt is paid off, job is steady, and I have (for the first time in my life) a significant amount of disposable income. I have never paid for cable. None of my friends or colleagues has ever paid for cable. But every single one of us gladly pays for at least one, if not multiple, streaming / on demand services. Although we certainly consume a lot of media on phones and tablets, every single one of us still has a TV for "regular" watching. Chromecast, Amazon Fire, Apple TV are all popular. In fact, a popular point of discussion is the best way to stream on-demand services to a dumb TV. Hell, my main TV is hooked up to a PC tower for all of my streaming and gaming needs (BTW, this is the only PC tower in my house -- yet another sign of the times). So the impression that I get is that, at least for my cohort, traditional TV hardware is not going away.