Not at all likely. Perhaps you can access your local news if you are lucky as there are lots of channels that continually rebroadcast news segments, Nowhereman channel is good for accessing these channels and Roku has a very decent national news channel. But watching whatever is being viewed on abc or cbs right now in real time. No, You can't. Your best bet is to get a quality outdoor HD antenna and use it for local channels (I get over 30 channels in my area) and use this to watch online content. With the digital TV the signal quality is fantastic, BETTER than basic non hd cable in many cases as most mainstream affiliates are broadcasting in 1080 Definition and surround sound. There is plenty of free content channels, you should have no trouble finding something to watch as they have over 1800 channels. Been a Roku user for going on 5 years now and have 3 of them in my house, and I recommend it over every other brand.