It's not dying off, everything is directly related to Covid.
That's like saying restaurants are dying off.
Those are 2 different industries who depend on 2 very different infrastructures
Movie theaters actually NEED movies in order to survive.
Restaurants can operate almost the same thanks to door dash, etc. The process is still the same and restaurant still makes the food and gets paid.
Movie theaters can be skipped altogether when getting content directly to the consumer. They aren't needed and thats been proven.
gotta start looking at the big picture here.
besides Mulan and Tenet every other big movie has been moved to next year or will be.
Somewhere down the line most of the films will either be bought by streaming services for what they'd make(or close)in Box office(James Bond, although not sold was shopped) or be released on their own platforms(Mulan)
Movie theaters aren't even involved in this process, because studios know putting it in a theater that can't fill to capacity is a death sentence.
To top it off when the smoke clears lol studios aren't going to be making huge blockbuster movies like they were then(or now) unless they get this whole streaming thing down. Which means movies like Avengers, WW84, the films that keep theaters in business won't be going to them.
Studios aren't trying to help theaters out UNLESS it helps them get their 1 billy at the BO
Movie Theaters at least in the states are dead.