There are lots of very good relatively recent novels on the shelf at the bookstore. Certainly orders of magnitude more than there are movies.
The other thing to compare is the narrative quality. I find even middling books to be of much higher quality than blockbuster movies on average. Or rather I'm constantly appalled at what passes for a decent script. I assume that's due to needing to appeal to a broad swath of the population because production is so expensive, but understanding the (likely) reason behind it doesn't do anything to improve the end result.
So if "all" we get out of this is a 1000x reduction in production budgets which leads to a 100x increase in the amount of media available I expect it will be a huge win for the consumer.
The other thing to compare is the narrative quality. I find even middling books to be of much higher quality than blockbuster movies on average. Or rather I'm constantly appalled at what passes for a decent script. I assume that's due to needing to appeal to a broad swath of the population because production is so expensive, but understanding the (likely) reason behind it doesn't do anything to improve the end result.
So if "all" we get out of this is a 1000x reduction in production budgets which leads to a 100x increase in the amount of media available I expect it will be a huge win for the consumer.