I hardly watch TV so TBH I did not even think about any streaming or replacement services. I know there's a lot out there. I like that I can get Global on OTA though, at least it's something to watch if I just want to turn on the TV and don't care about what's playing. Like if I have someone over or whatever and we're just hanging out. I have a Raspberry PI running XBMC for when I want to watch TV series, movies etc. I might also look into Plex. I eventually want to get into ham radio, if I do I'd probably put up a tower, and then I'd also put a proper OTA antenna while I'm at it. See if I can pickup anything else.
I hardly spend time in my living room though, it's too cold there and my layout is terrible. Eventually I will remove the fireplace (old wood one, not usable), and while I'm there I will probably redo the vapour barrier for that entire wall so it won't be as cold, and once it's done I can put the couch where the fireplace was, you know, like in front of the TV where it belongs. The layout there is always something I've struggled with in this house, was never able to come up with a proper arrangement.
Most of my TV watching actually happens at work on night shifts anyway. When I first moved into my house I actually waited a few years before I got a TV. I wanted a good one and back then I paid over 2 grand for my TV. Now they are practically giving them away, pretty crazy.