Older adults can form parasocial relationships with favorite television characters, and these relationships often serve as sources of companionship. Using the selection, optimization, and compensation model as a guiding framework, this study explored whether or not attachment anxiety and relationship quality with romantic partners and children moderate the associations between parasocial relationships and depressive symptoms. A series of three-way interactions emerged in predicting depressive symptoms. Among other findings, stronger parasocial relationships predicted an increase in depressive symptoms for anxious older adults in low-quality parent-child relationships. Older adults' individual characteristics and family relationships may qualify how they experience parasocial relationships with favorite television characters.