The room requires some tweaking

Select a wall hung media cabinet for the RH wall

New larger ceiling fan

Larger item over the fireplace for balance in the room.

The room needs lamps, table and floor.

Add a tall tree by the window

I'd add drapery panels to all the windows The room requires more texture.

Is this your main living area?

Is there another living area for TV viewing?

In our previous house and current house we've had two living areas and have compromised ... I get one room that has "pretty" furniture and is less TV centered and he gets one room that is for TV viewing with more comfortable and "ugly" furniture!

Yes this is our main living area. We do have a smaller room that is another sitting room though which I use often but maybe we can switch it up. I Weill definitely think about that!