At least in Germany, book shops and (small) cinemas are artificially kept alive through regulations (e.g. Buchpreisbindung) and public funding. Theaters got that too, techno clubs not so much. Lucky are the ones who still got a nice deal on rent, because without a solid revenue, your new whatever local scene experiment won't be in the city. Then recently, conservative politicians also decided to attach ideological strings to the funding. What's a good book shop and what's a bad book shop gets intransparently decided by the domestic intelligence service now. The stories our times need will get you demonetized. As we speak, lobbyists are relentlessly trying to push the compliance machinery onto our devices, so we're not tempted by anything outside of commercial supervision either.
It's all converging towards the brave new mainstream. Pretending like all these trends are just fads is wilful ignorance. Media attention may come and go, but the insects remain dead, temperatures unprecedented and art compliant.
We are hardly in need of cyberpunk fiction anymore, tho.