Oh my goodness, we would be in heaven here with that kind of itunes money! We could blow through that easily. I'd keep them, op, you might be surprised how quickly you spend it.
Can you buy movies from iTunes...download to the pc...and then burn onto a disc to watch on the TV? I have a nice size computer monitor, but I prefer the comfort of the sofa or bed when I am watching a 2 hr movie....and we only have iPods and a HP Touchpad...no iPads.
I dont know about burning the movie onto a blank dvd... but when our old dvd player needed to be replaced, I chose to replace it with a HDMI cable instead.
Now when we watch movies, we plug the computer to the tv with the hdmi cable... and that would certainly work with a movie in your itunes account