One or two exceptions - Project Hail Mary, for example.
But the decline of Marvel, Star Trek and Star Wars franchises has been stark.
https://www.youtube.com/@TheCriticalDrinker has some great commentary on the problem.
Also, a number of other factors:
* massive TVs are cheap now
* people behave disrespectfully in cinemas
* cinema tickets are now unaffordable for the low end of the market
* the experience hasn't modernised and become luxy enough to retain the high end of the market
* streaming services have high budgets now