Earlier quoted context omitted.
Modern dedicated cameras have far more dynamic range than any HDR TV in practice. The movies have to be recorded somehow :)
> The movies have to be recorded somehow :) I'd imagine they do this via huge (non-consumer level) cameras as well as by professional editors and graders who spend countless hours on the process. But that doesn't really contradict your point. I don't know. I've never seen a good screen recording but I don't download pirated films so perhaps I've never seen an instance of someone really trying to get it right.
Professional editors and color graders have to lower the dynamic range, because there is basically nothing that can get as bright as, say, the sun, and because basically no display can sustain peak brightness over the screen, which introduces an EOTF transfer curves, reducing the peak brightness and thus dynamic range.
You're right about pirated films, but that's because they're typically recorded in a run of the mill cinema while it's playing, not in controlled conditions in front of a carefully calibrated screen-camera combination taking a photograph of every frame.