Invest in a Unotelly or similar subscription so that you can designate your "location", usually US but can do UK, Canada etc depending on what you want access to. You can then subscribe to payTV services such as Netflix, Hulu & Vudu which provide cheap as access to all the tv shows and movies you could possibly want. This costs less than $120/yr and except for live sport run rings around Foxtel.
You do want to have a high or unlimited data plan but speeds don't need to be great as we usually only have between 2.5-4mb and watch these successfully.