As a young parent, the whole point of the movies for us is to get away from the children and not worry about keeping them alive for a few hours. Since having kids, time is flying by so fast that I don't even realize when most movies are in theaters. For example, I'm a Star Trek fan, but completely missed the new movie launch this summer. One day I see it pop up on iTunes and so I just buy the thing. I was so confused why it was already out on iTunes but that's parent life for you. I don't know if the actual period between theatrical and home release has shortened over the years, but it sure feels like it.
Another problem I see with this is ticket pricing in non-coastal areas. We live in the midwest and the two of us can still get tickets for $7/person and it's rarely over $9-10/person. $14 on a big screen beats $25 at home any day. $25 makes more sense if you get a big group of people together to watch a movie. $50 is insanity. The only way I'd be willing to pay anywhere near $50 is for day one Star Wars Episode 8, if I'm feeling really sick and can't go to the theatre, and I also get to keep the movie indefinitely. I guess I'm just too cheap, but it's also why I like living in the midwest where I can have a big home and nice wooded yard for cheap. I still don't rent movies on iTunes unless we're snowed in because it's just too expensive. Redbox is only $2 for a blu-ray and they are everywhere.