I pulled cable completely in 2012. My reasons were:
1. The overall quality of cable TV had prummetted to new lows.
2. It was costing me TIME (hours in the evening) that I would catch myself watching reruns of Pawn Stars and American Pickers, etc.
3. I realized that my cable bill (basic at $60/month) was subsidizing channels I don’t watch and don’t even support (MSNBC, CNN, Bravo, Lifetime, etc., etc., etc.)
It was cold turkey for a while but I did it. And I have more free time in the evenings and I can watch things (of my own choosing) on the internet.
I quit satellite a few years ago too. I watch any show or sports event I want to for free via streaming. Live only, but good quality. I use HDMI to my 60”, and voila, good as satellite.
I hope the system can still provide the programs as more and more people do this.