Yglesias believes so:
It used to be that a sporting event only had to compete for my eyeballs against whatever other TV programming happened to be on right at that moment. Oftentimes a regular season Mavericks-Celtics game or an ALCS matchup would win that competition in my eyes. But today thanks to Netflix, DVR, Hulu+ and related technologies that ALCS matchup has to compete against continuing to work my way through Breaking Bad. That's a much tougher threshold.
The Dish 