An interesting observation, and I can agree to a point. Of course the advent of things like Netflix and even RedBox rentals have clearly affected the theater industry, and made home-watching much easier and more accessible.
There's always been something "magical" about going to the movies. Since I was a kid, I've loved the theater. There was always something exciting about sitting in front of that huge screen when the lights go down, and you don't know what's going to happen (especially when you'd "get to" go see an "R-rated" movie when you were under-age!! Whooo!! ;))
I don't go nearly as often as I used to. One reason is cost. I am very frugal with my movie-going dollars. Nowadays, they mainly only come out of the wallet for something I really want to see. For example, the last film I saw in the theater was Blade Runner 2049. For the third time. (I probably could have done without the last one so soon, but hey). Now that was definitely worth it. Amazing film.
Basically, I can say it all sort of started going "downhill" after around.. it was either the second Transformers movie, or one of the Iron Man's (I liked the first one...), but, I decided, I am not giving away my movie dollars to anymore of these bullshit, churned-out, "comic" movies. They're just fan-fare suck-vacuums. Uh uh.
(p.s., may I suggest, @acorngrove, adding a few more "tags" to your post? Maybe even some "more frequented" tags, like "writing," "blog," so on.. It may help gain you a bit more exposure, which I think you could benefit from!