That depends on what you mean by tv. If you mean the television shows that come on versus internet usage then it's definitely internet. But if you mean the tv itself then it's questionable. It costs much more to get a computer screen that is comparable in quality and size to my tv. My extremely large, flat panel lcd tv is my computer monitor. It would probably cost me 10,000 dollars to get an actual computer monitor like this if not more.
I haven't followed a TV show in a long time- a few years maybe. In fact, I'm moving soon, and not planning on getting cable hooked up at all. I pretty much live on the internet in my spare time, though...