Technology has made it much easier to make and manipulate music. Studio-driven machine-driven music does not always transcend into being a good live act. Many current acts are great live but many cannot cut it live. The music is not organic.
There were a lot of people dreaming about making films and they would finance maybe 6 films a year. Because they were funded by the government the films sort-of had to deal with serious social issues - and as a result nobody went to see those films.