The/my TLDR: we as the audience probably need to re-frame how we decide which movies we go and see. Instead of just going for the obvious blockbusters … we need to decide on our own hype as we did with barbenheimer. The movie industry might be crumbling, and we, the audience might be as much to blame as the shitty execs.
You can still find that format in network TV. Of course it’s mostly police, medical and lawyer shows but then that was always the case then anyway. A lot of younger people don’t like the MOTW of the week ‘chilled’ format because everything felt irrelevant. The plot would resolve within the episode and the team would live, except maybe on a mid-season episode or end of-season arc. Everything would feel flat. Most modern TV shows are indeed now long-form movies (if we’re being reductive) but the extra time to build and advance wider plots and do larger worldbuilding is why, or partially why, they’ve eaten into the diversity of contemporary cinema.