The second idea sounds like video games, or at the very least some sort of VR experience that will always be niche. Most people just want to watch a movie, not

The second idea sounds like video games, or at the very least some sort of VR experience that will always be niche. Most people just want to watch a movie, not play it. For VR movie watching in general... I think this should absolutely be an option in the future but I doubt it replaces theaters. Most people go to theaters in groups or on dates - there is a communal aspect to going out together.