re: Anyone believe we are seeing the beginning of the end of the movie theaters?

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What is the value proposition for a theater? Screen size and sound system experience. The end.

All other facets of the home is better from concessions, drinks, booze, cost, bathroom breaks, convenience.

Theater will never die until technology Catches up at home for a competitive price (make home theater systems super affordable).

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That's discounting the idea of going to the theaters as an 'event'.

I can make a better steak at home than I get in a restaurant, I can get better viewing angles for football games on my big TV (I can't follow the team up and down the field in a stadium etc).
But there are aspects of "going out" around other people, that make it a more memorable experience.

Theaters need to refocus and make it a "going out" experience again.