Absolute attendance numbers don't mean much. More interesting statistics would be: Hollywood's percentage of the total entertainment market and the earnings (profits after expenses) of the movie industry.
"Not even netflix is killing hollywood at the moment."
Netflix is mostly just a distribution channel for Hollywood. They're showing Hollywood movies and a big chunk of their revenue goes straight to Hollywood. They may be killing local movie theaters, but they're certainly supporting Hollywood.
And Microsoft's revenues and profits have been growing in the past decade as well... I don't think anyone can reasonably conclude they're nearly as relevant as they used to be.
Large institutions don't get "killed", they slowly become irrelevant (and the perhaps die), or change to suit the new market in a much diminished role.
There is no concept of maintenance in consume movies (the closest is netflix monthly fee) microsoft has years to sort out its problems, it is also highly liquid.
if a movie distie has a run of bad movies, it will become insolvent, which means that they'll not have enough cash to progress the movies in its pipeline. (For example MGM went tits up and delayed james bond by years)
Absolute attendance numbers don't mean much. More interesting statistics would be: Hollywood's percentage of the total entertainment market and the earnings (profits after expenses) of the movie industry.
"Not even netflix is killing hollywood at the moment."
Netflix is mostly just a distribution channel for Hollywood. They're showing Hollywood movies and a big chunk of their revenue goes straight to Hollywood. They may be killing local movie theaters, but they're certainly supporting Hollywood.