No one is spending any money on making stuff. The local theater has like 12 screens, and half are playing movies like caddy shack. There's just not the willingness from the studios. They won't risk losing money, theyll take the small consistent profits of existing ip and minimal production cost.

Indie games are still good. There are some YouTube channels that produce quality exclusive content on other platforms. But for sure the good stuff is harder to find, and there aren't blockbusters like the 80s and 90s.