Part 2/11:
For decades, theaters and theatrical releases were the cornerstone of Hollywood's success. However, recent years have seen a decline in theatrical attendance, partly driven by Hollywood's own missteps. Repeatedly releasing movies that audiences rejected led to a shift where audiences now visit theaters mostly for blockbuster event films or re-releases, rather than regular movie-going. This parallels the arcade industry's decline, which fell victim to the rise of home consoles offering comparable gaming experiences. As technology evolves, traditional formats fade, and Hollywood seems to be grappling with this inevitable transition.