LOL, todays movies are sequels and superheroes or superhero sequels.
I am not sure if movies are better or worse now, but I know that the genres of movies I tend to like are being made less frequently.
Good movies are still being made, but I suspect that a higher proportion of the good ones are Indie films. Some of those are shown on the Sundance channel. There are apparently some wonderful Indigenous films on the Indigenous network, also.
The availability of excellent series these days is competition for the movies. I still enjoy a good film, but devote a lot more of my time to series. A series provides many hours of viewing time, very often seasons of it, and characters/stories arcs get to develop much more than they do in a two hour film. A lot of acting talent is going to series these days. I think actors may prefer series because of the chance for character development and because they have steady work and a predictable schedule. The hours for TV series are probably better, also.
I don't go to many films in the theater these days because I'm lazy and rather just watch a film or show at home. And a movie on pay-per-view is $5.00/$6.00 for two of us, whereas going to the theater is $13.00 for a ticket and maybe parking on top of that.
In addition, some films are best seen in the theater, but plenty are just fine for the small screen. I take that into account when I choose to see a film in the theater.
I've been to quite a few films that have been sold-out, and sometimes have forgotten to get tickets in advance. And film festivals are still hugely popular. So, people are still going to the movies.
And romcoms and romantic movies are nonexistent. Same for tearjerkers. We have bear rapes instead.
So far as I know, romcoms are still being made and still popular.
I see a movie like The Favourite, and will it hold up as well as A Room With a View? Everyone is an antihero these days.
I never saw A Room With a View, and didn't know that it held up.
I imagine that some films will hold up over time, as has always been the case. But the audience for those films will be smaller than it once was.
And when virtual reality becomes more commonplace, perhaps people will watch films even less. The entertainment orientation of the generation now growing up with phones and laptops will be different.
But I am sure that film will always remain an art form, and there will always be artists.