We don't have cable....and we live in a valley so that we get nothing.
Our kids read a ton more than their peers. We watch some cartoons via internet. We rent some cartoon/movie series from our library. Also our library has many seasons of shows on DVD if you don't want to go the Netflix or Hulu or major channel website route.
I read more too. The only thing I miss is sports.....and I watch those all online anyway. I don't understand why I'd pay 60+ dollars a month for TV.