When I was growing up we went to the cinema regularly, but the only options for watching a film were VHS rentals and the cinema, both of which required going out. Films were rare. Sometimes there would be a film on TV, but it would have ads every 20 minutes, and our TV was a relatively small CRT.
Now I have nearly every film made available to me to watch within minutes on a huge screen, in a quiet room, that doesn't smell, with no ads, at the time I want, without going out, and I can pause it to go to the toilet or get a drink rather than having to hope I don't miss anything. And I don't have a home cinema setup, I have a <$1k TV and <$200 speakers, no surround sound, very basic, very accessible.
The only time I go to the cinema now is for IMAX because that passes the bar of better than I have at home as a whole package.
Cinemas just suck.