Assuming I've read the OP right, I don't agree with the assessment that the TV industry ``is bound to die''. The demand for high-quality, well-made programming remains relatively stable (maybe increases gradually over time), and even with the best will in the world, amateur producers can't produce anything to match something like Game of Thrones. So there will probably always be something akin to the TV industry producing that sort of programming.
What probably will change is the means of distribution -- it'll be over the internet instead of over the air -- but I don't think there will be a radical shift in the style of broadcast for a long time. People are happier paying $XX for a cable/satellite package and getting an Eat-As-Much-As-You-Like experience instead of buying each course separately. If this wasn't the case, we'd already have seen a massive uptick in people cancelling their TV service and just buying $PROGRAMME season-by-season on iTunes. As far as I've seen and read, that just isn't the case.