There are ads currently running on Craigslist selling TV on PC software for $9.95. Why pay for what you can get for free?
JLC’s Internet TV is a FREE program for watching and browsing thousands of TV channels freely available on the internet. It’s probably the biggest and most up to date database of channels ever, and users are able to submit, rate and flag channels.
Here’s a screenshot: (click image below to open enlarged in a new tab or window)

You definitely will not get the same channels or shows that your cable/satellite provider gets, but it is free. It is worth a look. Many of the available channels are from all over the world.
We would also recommend downloading and installing VLC Player and then setting JLC’s Internet TV to use it (rather than Windows Media Player) by default. To do this, click on Options, Settings in the Menu Bar. When the Settings window opens, click on the Media Player tab at the top:

As shown in the graphic above, make sure there’s a checkmark in the box labeled “Use VLC to play ALL streams“.
Online help, including a “Get started tutorial” is available here.
You can also see the same channels right in your internet browser here.
See also our post titled Watch TV via the Internet.