When I was a kid, me and a buddy would see several movies a week at the theaters in the Detroit suburbs, especially double feature Saturdays. In college date night was a trip to the movies. When I graduated from college, my first job was Asst manager of an AMC multiplex in the Chicago area. (100s of movies a year for free and all the stale popcorn you could eat).
We now live in a rural area with an AMC 10 plex. We rarely go, preferring to wait until the bd comes out. None of this standing in the line to buy a ticket at the concession stand while somebody buys tubs of 4000 calorie popcorn. I don't want to pay extra on a monthly basis to get a seat quicker. I can buy the bd for the price of two tickets and not have to worry about the people around us.
Do some movies need to be seen at the theater? Yes. I'd love to see NO TIME TO DIE or THE BATMAN on the big screen. But we can wait if we have to.