Well basically, that's not how you make money. You don't need this level of effort to pull big viewership anymore. You can just use CGI etc etc to cut costs. Honestly just watch the LOTR behind the scenes, it made me sad that such production is never going to happen again.

There are still filmmakers making real art, but not at such a large scale as LOTR. We still have David Lynch, and Robert Eggers is making modern masterpieces, but such guys aren't going to be given the money and resources to make something as epic as LOTR. That era of filmmaking is gone and probably never going to return.