Some people use a game console for accessing streaming services and even as a solution for live TV and a DVR, such as Xbox One or the Sony Playstation Vue streaming service. The reason we do not recommend these as live TV, DVR or streaming options is because using a game console in the always-on manner that is required for watching TV uses a LOT of power. It is the equivalent of adding another refrigerator to your household and you can expect your electric bill to go up about $8-$10 per month. It's just not a responsible way to watch TV.
Not all media streamers offer the same channels: Smart TVs and Blu-ray players, as well as standalone media streamers, don't all offer the same selection of channels and services. Roku devices are the most comprehensive with up to 4,500 possibilities, but there are other media streamers available (such as Amazon Fire TV, Google Chromecast, and others) that may not have the channels and services you desire.
What do you do when your cable box is more useful for telling the time than delivering movies and TV? A decade-plus after Netflix added streaming video the internet is ready to take over for cable and satellite, offering more options and lower rates. Now that you're ready to pull the plug, there's a lot to consider, like who has what, what works where and how much everything costs.