I reckon the studios cooked their goose. They started having an outsized focus on big budget blockbusters, given the enormous investment required they preferred

I reckon the studios cooked their goose. They started having an outsized focus on big budget blockbusters, given the enormous investment required they preferred to stick to safe bets such as existing franchises and crowd pleasing story lines. The age of streaming means they need a lot more content, I believe there's a massive market for medium budget movies at the moment. Aside from Netflix's studio, who are ahead of the curve, the rest of the studios have been caught with their pants down and are scrambling to deal with the fallout, that covid fast-tracked.