Cinema is dying from mostly self-inflicted wounds though. They keep making movies (or re-making movies) with bad writing, bad stories, and unrealistic character development arcs that not many people want to watch.
Good movies have been rewarded in theatres. Top Gun: Maverick, Obsession, Project Hail Mary, etc. all had great box office sales when other movies around them flopped.
'True' Cinema has been going from strength to strength the last decade, with even Netflix putting out Fincher spectacles like 'Mank' on streaming, and A24 bringing introducing a new audience to phenomenal Korean Cinema like 'Parasite' and 'Minari'.
Even in the traditional studio system we have been spoilt in recent years by a succession of Palm D'Or and Oscar winners like Anatomy of a Fall, Triangle of Sadness, Zone of Interest, The Brutalist, Oppenheimer and Killers of the Flower Moon.
Top Gun: Maverick, Obsession, Project Hail Mary
Cinema traditionally has meant movies like, À bout de souffle and Citizen Kane.
/s