No, all that happens is the movie theaters close. Back in the 90s, in my area we had what we call quarter cinemas. These were theaters that showed movies that weren’t in theaters anymore. So, older movies. Instead of $6.00 per ticket, it was $0.25, and kids under 12 were free with a paying adult.
So you could get one adult to bring 6-7 kids in, for $0.25. Problem is, nobody bought the snacks.
So now, we went from having 8-9 mega plex’s, 3 mall cinemas, and 4 quarter cinemas, to now having 2 mega plex’s, and thats it. Hollywood doesn’t care WHERE you buy your ticket. It doesn’t affect hollywood. It only affects movie goers.