Do yourself a favor and find the time to read through this speech from Steven Soderbergh on the State of Cinema. He certainly covers some depressing ground but, at the end of the day, he seems quite optimistic. I loved this delineation between the terms "movie" and "cinema" - a popular ongoing debate:

The simplest way that I can describe it is that a movie is something you see, and cinema is something that's made. It has nothing to do with the captured medium, it doesn't have anything to do with where the screen is, if it's in your bedroom, your iPad, it doesn't even really have to be a movie. It could be a commercial, it could be something on YouTube. Cinema is a specificity of vision. It's an approach in which everything matters. It's the polar opposite of generic or arbitrary and the result is as unique as a signature or a fingerprint. It isn't made by a committee, and it isn't made by a company, and it isn't made by the audience. It means that if this filmmaker didn't do it, it either wouldn't exist at all, or it wouldn't exist in anything like this form.

via Adam Klaff.