Depends on which you schedule first.

Schedule the TV show first (as a recurring time-slot based recording) and when you go to schedule the movie, it'll tell you it conflicts with an existing recording, and you either schedule it anyway (and that episode of the TV show won't get recorded) or cancel it, and the TV show gets recorded.

Schedule the movie first, and then go try to schedule the TV show, it'll tell you that one of the episodes of the TV show conflict with the movie, and it'll give you the option to cancel, record the shows that don't conflict, or go ahead anyway (forget about the movie.)
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- Tony C
my empeg stuff