Netflix CEO says DVDs will remain king for 24 months but then streaming will become #1. How does Netflix avoid TiVO's fate?

In this Montley Fool podcast Reed Hastings says that DVDs may lose their number one spot for the company's video distribution in 24 months. Netflix currently offers a very popular $9 monthly subscription for unlimited streaming online or over-the-top (via TiVO, Roku, etc).
The big questions are:
How does Netflix avoid the same fate as TiVO when going up against the enormously deep-pocketed cable companies?
While Netflix may have an early lead in the subscription model space, they will ultimately be competing with Comcast's and TimeWarner's TV Everywhere streaming services. Comcast and TimeWarner are goliaths who will do anything to keep their audience.
4 comments
Comcast trumped Tivo by offering a competitive product (cheaper DVR). Comcast will need to defeat the Netflixes of the world by controlling content.

