I have recently rediscovered the book. (Well, mostly eBooks via Kindle apps...)

I read a lot when I was younger, but for some reason kind of stopped for a while. Now I read quite often again, and I love it. eBooks make it easy too. Click, boom, done, and if the author publishes directly or has a decent contract they get 50-70% of my purchase price.

There is a ton of very good literature out there: smart dramas, mysteries, sci-fi, quirky stuff like Gaiman's American Gods, classics I've never bothered to read, etc. The field is a lot larger, due in part to the fact that the capital requirements are essentially nonexistent. Anyone can write a book.

I'm not holding my breath on Hollywood. If movies have hope, it's from the indy scene doing interesting things on small budgets.