I was having a similar conversation with a friend of mine the other day, and I think what PG pointed out was really poignant, that content doesn't have to be movies and TV shows.
I do like the occasional movie, or TV show, but I don't need nearly as much as I used to. With Netflix and Hulu and YouTube, I don't have to wait for new content, just new to me. And there's plenty of legacy content to keep us happy if we really require a 22 minute sitcom.