Purchased content won't download
My Apple TV, which I just reconnected after a long hiatus, won't download/stream my purchased movies or TV shows from iTunes. It just gives me the circular spinning wheel for a long time (I once left it going for half an hour). It shows everything else (Netflix, movie previews, Hulu Plus, etc.)
I believe this is the Apple TV version 2. I tried to do the most recent software update, but it failed.