Spoken like a true prince of the picture-biz plutocracy. Like all the good films that never get made and never get seen. As it turns out, more is less. Don't let the numbers fool you. The production business is making an adequate return.
Distribution is where the money is.
It is not that there is less creativity out there. A screenwriter friend of mine tells me about 40,000 scripts, possibly more, now flood into Hollywood every year. Of those, only about 200 get made. They worry that the party is nearly over. This business is going, going gone.