Cinemas aren’t a dying breed. Transformers 3 just hauled 162 million dollars in 5 days. There’s still an audience out there, you just have to tap it. Any theater that goes out of business is either mismanaged or did something to earn the ire of the MPAA distributors.
That may be true in some instances but here’s a good reason why the movie industry as a whole may be on the wane. http://www.breitbart.tv/whittle-hollywood-hates-america-and-themselves/