Playon allows you to stream a wide variety of video sources to your TV via a connected device. If you already pay for and you’re fine with Netflix, Hulu and a couple of others you get through your Blu-ray player, you’re probably fine without Playon. But Playon would allow you to stream TV shows from networks, some cable networks, and a bunch of other places that you might not be able to otherwise (unless you regularly hook your laptop up to the TV).
PlayOn – If you've got an Xbox 360 or Playstation 3, this software download lets you wirelessly stream internet video content from Hulu, Netflix, and more right to your game box. It'll also pick up content from ESPN.com and CBS.com, or grab a free plugin to stream programming from The Weather Channel, Adult Swim, The Food Network, and more. PlayOn has a 14-day free trial, then you'll have to pop for $40 to keep it.
All carry national channels such as AMC, CNN, ESPN and Nickelodeon, but they also offer local channels too, including the Big Four networks (ABC, CBS, Fox and NBC) as well as My TV and The CW in many cities (Note: CBS is the parent company of CNET.) The problem is, not every city gets all four networks, especially if you live outside a major metropolitan area.
Someone mentioned using a splitter with the high speed internet service to get free cable tv. That can’t work. I already had such a splitter (and still do) when I had cable tv, and the cable line went into a cable box. I had to return the box when I cancelled service. Our cable company is switching everyone including the basic cable tv customers to digital which means that everyone must have a cable box in order to get cable tv.
It could be true that choosing one of these options won’t get you all of shows you could get with cable. However, if you truly want to get rid of cable, knowing what some of the options are can help you choose the BEST one. Then you can make the decision of whether or not it is worth it to spend the additional money to get the extra one or two channels through cable OR sacrifice one or two shows to save a BUNCH of money. It just depends your priorities.