Having a great experience from the comfort of your living room watching tv has sometimes more impact on you than going to see a movie.
I used to love watching tv an see all of a sudden the opening credits of a movie I never heard of but I started recognizing names and faces. 7even and The Usual Suspects just to name two of them.
Also, some movies are made only for TV. It doesn’t mean their budget or cast is anywhere less superior than a Hollywood production. I will put HBO series in this category but I would mention BBC who had a tremendous impact on the movie industry and gave a lot of young and talented actors the opportunity to pursue further cinematic careers (Tom Hardy?).
Television is part of our lives and will be even if some people are already writing its obituary.