The Movie industry has been written off before. First it was Television, then it was video. Each time it survived. It took advantage of the unique attributes of the Cinema to produce a product that couldn't be replicated easily. But I think COVID demonstrated that we don't really need or miss Cinema when it's not available. Streaming and Video games carried us through. But now we can go again, we don't really care enough or want to go. What Diller may have meant in terms of the Oscars is that the spectacle of it may be over, but I think the award itself is still relevant, but they may need to broaden the acceptable nominees to include films that were streamed. The Movie business won't die but it may shrink some more untill it finds a stable area.
