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/
Hollywood on the “wane” has hauled in just shy of 5 billion dollars in domestic theatrical release this year. 10.5 billion in both of the last 2 years. And that’s just domestic theatrical, not international, no DVD, and no TV network distribution in that figure. I’d love to be in a waning industry pulling in almost 1 billion dollars a month on its least lucrative revenue stream.
The death of Hollywood is grossly overstated. And has been grossly overstated for about 50 years.