Just updated my Apple TV with 5.2 but I can't access any movies or shows since the update. When I click on either category I get a black screen with a spinning circle for 5 secs and then straight back to where I was. I restored settings and restarted

Welcome to the Apple Community.

1. First you should try logging out of your iTunes Store account (settings > iTunes Store > accounts) and then back in again.
2. If that doesn't help, try resetting the Apple TV (Settings > General > Reset > Reset all settings). You should also try restarting your router.
3. If both of the above don't help, you should try a restore (Settings > General > Reset > Restore).

This worked for me as well!!! ( just a reset ! ) Thank-you !🙂

This ended up helping me out as well. Just bought a MacBook Pro and the same day I came home with it, Apple TV asked if I wanted to do an update. For a moment I thought maybe I did something to my iTunes account by setting up my MacBook. Long story short, I signed-in and out of iTunes on AppleTV, reset my router, but the cure ended up being resetting my appleTV all together again.

Thanks for the help. now I can get back to watching Breaking Bad!!!