Are movie theatres heading for extinction?

Is the internet slowly killing movie theatres? With all the movies that are now available on-line for a modest cost, is your local movie theatre heading for doom? How can local theatres compete with internet movie companies like Netflix? And, the cost of candy and popcorn is outrageous at a movie theatre. Its much cheaper to stay at home, pop your own popcorn and buy 5 bars of candy at Dollar General Store, compared to 1 bar of candy at a movie theatre. Watching movies at home…..is this the future for Americans and the internet? Question: Is the internet slowly killing local movie theatres?