This proposal is not just an attack against Hollywood, it aims to replace cinema with something else. It's about actively working to destroy an art form. It sounds just as over the top as shutting down the internet to curb piracy.
If you really want to devote your life to destroying something, please don't just jump on the latest annoying thing. Make a list of the most evil things you can do something about, and see if Hollywood's political influence really makes it to the top.