Edit: I agree Netflix has good Originals. But most are from the early days when they favored quality over quantity. It is sad to see that they reversed that. They have much funding power and should give it to great art that really sticks, has ambitions and something to tell, and values my time instead of mediocrity.
But TV today is at least 55 inch and in crisp 4k resolution. A modern TV is good enough for most content.
It is not Netflix that killed the movieplex. They were just the first to utilise the new tools. The movie theater became the steam locomotive.
This is very anecdatal, certainly, but I've spoken/overheard a few neighborhood hospitality business owners that had to forclose or cut down due to the constant decline of people leaving the house to just meet in a bar or coffee shop. Only sport nights keeps them going, because sports online remain expensive in most places.
Maybe just my observation or my neck of the woods, but seems to fit the general sentiment of a reduced social environment on the streets in certain parts of the world.