It’s not like Hollywood is slowly, they are rather asleep. While their distribution model has stuck in the past, the bullet train (customer expectations) has long departed.
I see a movie advertising and I want to see it tonight – not in a cinema for which I need to buy tickets, have to go there (come back). Hollywood tries so hard to protect its value chain (and margins), that consequently is forcing people to search for alternatives.
Now – they arrived.
Netflix and Amazon Prime have better content than BBC and Warner. Or would anybody argue, that Grand Tour is a wold better than the new awkward Top Gear.