To be realistic, it's gotten expensive. And as far as the yewts are concerned, their attention is elsewhere and not on on live TV.
With less and less new content, plus you can get that same content plus the streaming exclusives for a much less expensive price, it is a no brainer.
I still like live TV, especially sports, but instead of carrying a service all year round, I'm now only carrying a service (Hulu Live TV) from October-early June (football, hockey and indoor lacrosse season). And the first 3 months of that is at $20 off per month with the Hulu promo.
My plan is September-January for College Football ( full streaming of that is 2 years away).
NHL I get with ESPN+ since Center Ice is included, so I can watch the Red Wings from back home.
I've found I can live with free FAST TV (Pluto, Roku channels, others) and an OTA for locals during the summer and early Fall. Saving a nice chunk of money, keeping the TV bill manageable with a specific service and using the savings to salt away.
I never watch those, so much new content available, no time for reruns.
But since the majority of content on Paid Live TV is reruns, yet those same reruns ( and more) are on the FAST Services for free, also makes it a no brainer.
I think those of us who like live TV and find it becoming expensive year-round will target usage around personal interests and when those interests aren't there, dropping services to save the money.
It is not that expensive if you pay attention to what content you want-
For example, once YTTV is gone, these are at the highest tier, no commercials, 4K, etc
Hulu Bundle with Disney/ESPN+-$25 (all Disney and former Fox Channels Content, ABC, FX, Nat Geo, etc)
Paramount w/Showtime-$11 ( all viacom content)
Peacock-$11 (all NBC/Universal channels content)
MAX-$20 (all Warner channels content, HBO, CNN, TBS, TNT, Cartoon Network, etc)
So $67 for the majority of what is on Live TV plus the exclusives, basically $6 less then YTTV without Showtime/HBO.
The only extra is Netflix, at $20, which brings it to $87, still less then the Entertainment Pack from DirecTV without HBO, Showtime and Netflix.
Plus you still can get Live Feeds
CBS
NBC
Hallmark ( yech)
Showtime
CNN
a lot of sports, both from ESPN+ (NFL, MLB, NHL, College Football/Basketball) / Warner (MLB, Hockey and Basketball)