Cable TV has become expensive. If you have two televisions you need two cable boxes. Renting those will cost you upwards of $25 a month bundled in a package. Add in a modest cable channel package and tax, and you're looking at a minimum of $100 a month, or $1200 a year. Is it worth it? That depends on how much of your monthly disposable income you want to spend on this form of entertainment.
And I consuming less media than before? No, though my viewing habits have changed since I've entered middle-age.