Actually, the main reason I see for keeping cable TV is when you want to watch sports in HD and real time, like NHL hockey games and Boxing matches, where it's clearly not as interesting when you know who won.
When we consider the monthly costs for a cable package, it usually makes sense to buy a cheap laptop computer with HDMI output connected to your HD TV. Remember it's not used to play games but mostly go on the web.
You can then access video streaming websites, download movies and series, exchange video files with peers, and also listen to music with Bandcamp, SoundCloud, etc.
Of course, make sure that the content you choose to watch doesn't violate any copyright. Some streaming websites are totally legit and pay the content producers from part of the advertising income, while others could be qualified as shady.
Don't expect to see all the latest movies while they're still in theaters, but there might be plenty of classics to keep your evenings busy.
Here's good advice on finding good streaming websites :
https://www.thebalance.com/how-to-te...-legal-1357428
Or you can just search google for the most reputable ones. I'm pretty sure that shady streaming websites aren't trying to be on first page of Google!