Hollywood is rolling in dough. It's the theater owners that are sucking wind. Hollywood makes money off foriegn distribution, cable screenings and DVD sales. None of which beneift theater owners at all. Hollywood doesn't need box office numbers, it can and does make up the money elsewhere. Even Waterworld wound up being a financial success for everyone but the poor saps that couldn't sell seats.
That is a true statement. What we are going to see in coming years is movies going right to DVD and DVR. Theaters will be a thing of the past.
However with that comes critics reviews going away and other bias commentary. In addition, Hollywood will suffer even with foreign sales because it will get out that it no longer represents the values of America.
The left says we are hated worldwide. They are correct in their assessment. It is because the world views us through Hollywoods eyes. The homosexuality, anti-death penalty and other leftists values aren't even main stream in Communist countries. They are tools used to identify what is wrong in this world so they can eradicate it.