Personally, in the past 10 years I lived in areas with very average theaters. Many times we went for the movie itself, not so much the experience, because the experience itself was generic and underwhelming. Its either too crowded to get the seats we want, or its not crowded and you get put in a tiny theater with old equipment. Plus I hate people talking during the movie.
I had friends over to my house for the Snyder Cut, Godzilla V Kingkong, and Mortal Kombat. And every time we made an evening out of it and had a great time. Probably more so than we would have had at the theater. I actually dont think we “saved money” after beer, snacks, and dinner was factored in lol. But if going to the movies is about having a good time, then I’m on the side of streaming at home, because you can make it as fun/social or as focused on the movie as you like.
I also understand that an 80 inch tv, giant couch, pb-16 sub etc isnt in the typical living room setup and many wont equate streaming to their soundbar and 50 inch tv or laptop to going to the movies.
Also going to the movie theater is a classic date night activity for me and the wife