I've said it before, and I'll say it again. The cinema industry is being artificially propped up by wide spread exclusivity agreements to begin with.
If the theater truly offered a superior, worthwhile, experience then people would go regardless of if it's streaming on day 1 or streaming on day 180
Right now most people go because they are essentially forced to go to one because it's the only way to watch the movie they want to watch. (Inb4 someone says ThEYrE nOt foRcEd, ThEY cAn JuSt ChoOsE nOT tO WaTCh IT")