It's the cable giants' competition not just with each other, but also with the satellite TV and telecom companies, along with streaming video options including Netflix and Hulu, that makes regulatory approval of such megadeals a possibility.
(Read more: Time Warner Cable's incoming CEO comments on deals)
We could also see more acquisitions of digital content companies like DreamWorks Animation's 2013 acquisition of YouTube channel's Awesomeness TV, a multichannel network for people who are building their channels on YouTube. Driving the trend: traditional media companies' desire to better understand online video—and to snag a chunk of the growing digital advertising pie.
We could even see movie studios in play, should Sony Pictures Studios, decide to spin off its entertainment assets.
Mobile, mobile, mobile
Watch for everything—social networking, retail or video content—going mobile. Mobile will be the new status quo, mobile access wlll be so ubiquitous, that companies and people will no longer talk about the distinction of a service or a product being "mobile." Like Twitter, next year both Facebook and LinkedIn will draw more than half their revenue from mobile. And traditional video providers—the cable, satellite, telecoms and broadcasters—will continue to roll out apps, like Disney's "Watch ABC" app and HBO Go to ensure that anyone who pays for cable can access live TV anytime, anywhere.
The bottom line: Get ready for an era where a desktop website, without a mobile counterpart, is the exception, not the rule.
(Read more: Mobiles to drive faster global advertising growth—Publicis unit)
Convergence: Deleting the media/tech divide
Brace for a shakeup: The media and tech business will be defined by convergence. We'll see this transformation in the following ways:
1. Media giants will embrace digital distribution—look for more traditional media companies to sell content to Netflix, Amazon, and Microsoft. At the same time, Netflix will work more closely with traditional distributors; look for the company to be closely integrated onto cable set-top boxes.
2. The distinction between digital and traditional content will disappear as streaming video through everything from the Xbox, to Roku, to Apple TV, goes mainstream, and cable boxes makes it easily to switch between YouTube videos, Netflix, and live sports on ESPN.
3. The age of Hulu Plus is born as the company's parents give free access for cable subscribers, deleting the distinction between TV and web video, and preventing people from cutting the cord.
(Read more: Email's long-awaited makeover in 2014)