I don't have TV... don't even own a set!
I wasn't watching much back home, and now that I live in Taiwan, you just watch a show or two here and you find out that any stupid trick makes for a good show! Let's just say we don't have the same ideas about entertainment between the Americas and Asia.
Used to get cable TV here, but was only watching HBO, got really fed up with the constant reruns of the same movie everyday of the week.
Threw my TV set away and replaced it with a projector and a surround sound system, best investment ever! I get to watch movies (without all the cell phone callers in the theater) and the occasional TV show on DVDs.
And for the news, the internet is hard to beat!