My fiance mentioned we haven't gone to see a movie in theaters in years and it would be fun to go. I checked what was playing and: 2 tickets, 2 sodas, 1 popcorn. $86 dollars. Don't know if I'll ever go to a conventional movie theater again.
Most if not all the ticket price goes directly into the studio's pockets. So the theatres stay alive by selling concessions. I'd wager everyone here complaining about prices would also wax poetic about how theatres don't "pay a living wage" to the kids scooping popcorn and would immediately drive home in their $100k Rivians or Teslas so they can give a one star review on Yelp or complain on Reddit about the bathrooms…
Popcorn cost basically nothing to make at home, especially if you buy the raw kernels and pop them yourself, and I can rent a 4k version of a movie for like three dollars on Amazon. My 85" 8k TV cost me $1200 (refurbished, but still). For the cost of going to the theater with my wife 15 times, I can buy that TV to watch movies but also use that same TV for many other things.
Even cheap shitty TVs are pretty ok nowadays, certainly better than the stuff when I was a kid, and after I have to question the point of going to an expensive physical theater where there's a risk of some teenagers talking over the movie and I can't pause if I need to use the bathroom. The theaters might not like it, but regardless of whether its fair, they are competing with TVs now.