That's not going to happen. People have been committing art since our ancestors started painting animals on cave walls, chipping out fertility goddess figurines, stringing beads, shells, and bear teeth into necklaces, and performing hunting dances around the campfire. It's hardwired.
The death of Hollywood doesn't mean movies or electronic entertainment will go away. It means the streamers will have crushed theatrical films and turned everything into television, with TikTok and YouTube as their key competitors. The TikTokers are rapidly devolving into something like the pod people in The Matrix movie. One of the reasons theater attendance is collapsing is that the young people no longer have the attention span to sit through a whole movie -- but they're still spending more hours than ever before staring at a screen.
Hollywood/the film industry always had issues, but there was always room for newcomers, upstarts and dissident voices to find an audience. The very recent dominance of the streaming revolution has created an ecosystem that is leading to unprecedented concentration and strangling creativity.
People should rebel against the streamers. Be highly selective in what you watch, but make a point of watching the good movies that are still being made here and there, and watch them in the theater if you can. Buy physical media. Pay to buy or rent a good movie and watch it PVOD; that's the home viewing functional equivalent of buying a ticket. Just try to avoid feeding the passive revenue stream on which the streamers rely.
The movie business used to be run by people who, whatever their flaws, were still totally committed to movies, and the success of a film depended on selling tickets and putting butts in seats. Now the industry is dominated by giant global conglomerates that are selling subscriptions, not movies, and the big tech companies run their movie subsidiaries as loss leaders in the race for an edge in the PixelVerse Wars.
Good economic analysis.
However the economic analysis pales in importance to the moral one.
These folks are evil—and should be identified clearly and correctly.
Doing Disney financial analysis is like discussing the economics of the Reich death camps—it is missing the point.