[dylandrop]

People always enjoy escapes from reality. This is what makes Hollywood so successful. And while artistic movies might not be the biggest money makers, there are still plenty of respectable titles that earn a large amount of money and are tasteful/fascinating to watch.

In regards to your second point, I think you didn't read the full article. The point is that Hollywood historically HAS been a VERY successful industry at rebounding, most specifically in the era of the TV (which is probably most applicable here).