I could sit here and name every show I miss, but I don't have time to name 1000 tv shows, I still check the kids channels every now and then to see if anything I loved is on, I find Drake And Josh on Nicolodeon and begin cheering, then I find out it's an old episode as they stopped making it, I want my awesome tv shows back!
And yes the media does influence society, people dress and act like what they see on the tv, or hear through music etc. they know that if they showed a story about people dying in a 3rd world country it wouldn't get as much attention as a story talking about the relationship of a popstar or some bs...