My question to you is: why do people spend money on those glorified stage plays and not just spend all their money on Hollywood movies? It's likely that Hollywood movies just don't align perfectly with the local culture due to limits/costs on localization. Now imagine if Hollywood movies had perfect dubbing (including changing scenes and lip movements), local references and jokes, removed cultural mismatches, etc. Would that make people less or more likely to spend their money on them?
We watch mostly Hollywood movies. Local output has a pretty low market share. Both due to low budgets and the fact that Hollywood can make a lot more movies per year.
