Speaking on the evolution of television viewing, Netflix head of content Ted Sarandos said, “In 10 years…it will be entirely delivered on the Internet. It will be a series of apps that’s closer to what you see on smart TV. I don’t think it will be delivered on cable, and I don’t think it will be linear.” It is true; time spent watching live TV is falling. In the second quarter of 2015 time spent fell 4% year-over-year and instead of transferring that live viewing time to DVR recordings that time is being transferred to subscription services delivering content on-demand. So the television viewing landscape is changing, Netflix is correct in that regard, and the company even has a leg…