People love their tech, they love their tvs, they love the "event" of going to the theater (the fact they're still surviving shouldn't be a surprise, we're social creatures) and no tech is going to change that. Same reason people go to theme parks and pay outrageous prices and will continue to do so.
TV is making more money than ever. Streaming will have an impact, but its limitations in regards to the things people love with their tvs, soundsystems, HD quality, 3D, isn't going to make anything extinct. Netflix and Hulu still have drawbacks. I canceled both. And really, Netflix would not, could not survive without broadcast TV. None of the streaming companies could, like they couldn't survive without the film industry, the dudes who own the content and make the rules (ask Netflix what happens when they decide to flex their muscle) These streaming companies are really living off their crumbs. Literally.
People have been saying the death of the movie theater was around the corner since the advent of TV. Then independent film was going to topple the movie industry in the 90's. Internet was going to kill broadcast TV in the last decade. The big thing now is that mobile games are sending video games into a death spiral, which is funny when yu see the industry profits growing every year and not focusing on bloated game comanpies losing money (EA anyone?) Still waiting...