yess,it is..Definitely internet is replacing television.we can get much more informations about any thing whenever we need from any part of the world.
Yes it will replace television in coming time. Google is also up for its satellite channel though it is still in pipeline. As I don't get enough time to watch television i prefer to watch it online through streaming.
Where I am satellite English language TV is supplied via the internet but the selection is limited and it isn't very reliable. So we tend to download things we want to watch.
Sure, already replacing. I don't even have TV at home. All i need i can find on my laptop. And it's great! No stupid ad