Disney+ or HBO Max don't make any money though, at this point they are losing deals and considering that Netflix didn't make any profit until last year despite being on the top of streaming services since ten years shows you that it'll be an uphill battle to ever reach the point of profitability for subscription services.

The pipe dream of the studios is that consumers pay 30 dollars to stream a movie on their own platforms, because that way they wouldn't have to share that income with exhibitioners, but Disney's first experiments with Mulan and Raya and the Last Dragon were failures as not enough people were stupid enough to pay 30 dollars for a streaming experience they can have in identical fashion three months later without paying 30 dollars. That's the difference to cinemas, there you have a different experience to streaming and people are willing to pay extra for seeing a movie on the big screen and with much better sound.

Hollywood studios won't abandon theaters because movies are still making the biggest profit that way.