I get what you're saying about the way cinemas have changed over the decades. For instance, I prefer the old Art Deco town cinemas to the modern multiplexes too, and still lament the way the Odeon Marble Arch went from being the biggest screen in the UK showing 70mm prints to a six screen multiplex.

However, I think you'll find cinema bounces back quite quickly. It has seen off existential threats from television, VHS, DVD, home cinema systems, and so forth over the decades, and streaming is just the latest challenge. Covid complicated things a little, but the truth is we are already seeing signs of massive recovery. That will continue.

Mainstream Hollywood may be in a state of creative inertia, but elsewhere in the world, cinema is as incisive, challenging, and creative as ever. Japanese cinema, Korean cinema, European cinema, British cinema, and even the American indie scene continue to thrive. Where I live (in southwest England) I see packed audiences both in mutiplexes and in art house cinemas (in this region, at one point, Enys Men outgrossed Avatar: The Way of Water, which gives you an idea of how varied the films on offer can be). :)