Oh here's a thought
Maybe make decent movies and we might go to see them
95% of the movies put out today are trash and not worth even renting on DVD
That may help Hollywierd but not necessarily the theaters. While it would attract more people to theaters, the practice of 'dual release' will still cause many people to buy/rent the movie instead of going to the theater.
We could very well see a decline in theaters nationwide regardless of whether Hollywierd wakes up or not. The old promotional "Coming soon to a theater near you" may have to be changed to "Coming soon to a theater somewhere".
You think Mel Gibson is worried? Nope. Quality movies earn BIG bucks.
The problem with Hollywood is that it is such a pain in the ass to go to a movie theatre these days that most people don't bother. On top of that, it is now affordable for most people in the middle-class to put a high-quality home theatre system in their homes. I have a 65" HD screen with surround-sound in my home already with a 50" screen down in the basement for the kids. We'll probably never go to a movie theatre ever again.
If I want to see a movie, I'll get the DVD or I'll get it "on demand" from the cable company. I don't have to wait in line to buy $10 tickets only to sit next to rude people who can't sit still for more than 15 minutes and have to constantly get up (making me stand up to let them by) to buy another drink, snack or go to the bathroom. Don't have to deal with the lines, the parking lot scramble and all the other annoyances. If I want a beer, I just hit the PAUSE button and get up and get myself one.
There were enough good movies made over the past 50 or 60 years to keep me from ever running out of movies to see even if Hollywood stopped making them today. But most of the time, my wife and I would rather watch documentaries on Discovery or History channel. Or we might watch some old TV series that were actually pretty good like "Twilight Zone" or "X-Files."