I foresee most theaters closing down, and “Cinema” becomes more of a premiere experience for movies. Like going to a broadway show. Everything will immediately go to VoD, but if you want to see it on the big screen for a limited time, you’ll need to drive who knows how many miles to the closest theater. They need to be good theaters too. Really big screens, 300 - 500 seats, good food, staff that enforces good audience behavior etc. They need to make it a positive and exciting experience.
Right now there’s way too many theaters that don’t justify box office performance for the past few years, and it’s going to get worse. Families and teenagers are huge demographics for theater goers. Right now families would rather wait an extra few weeks for VoD, rather than pay $100+ to take their fat wife and kids to the movies. And then teenagers don’t care about movie theaters anymore. Theater chains and Hollywood need to adapt in major ways to survive the changes that are already here.
Legendary films like Back to the Future, Star Wars ‘77, Jurassic Park, or Lord of the Rings would bomb at the box office if they were made and released today. The Silver Screen era has fallen. Begun the Streaming Wars has.