I think historically people always produce more low quality stuff than high end. There are relatively few famous paintings, books, furniture, musical instruments that are viewed with high regard over time, compared to how many of these things would actually have been widely produced.
Quality old films get shown on TV because some of the more rubbish stuff just gets lost in time, as with books.
However having said that, I think we lack variety these days. The studio system would nurture a star and run their career for decades to gain very long spanning profits – so quality older actresses and actors would be found or included in plots or had them written for them – leading to a bigger variety of ages, scenarios, plots and role models than I think we get now.
Also fear of financial loss is a problem. Studios and stars would turn out multiple films per year. Stars worked pretty continuously, none of this one film per year or less stuff. It gave more room to experiment as the films were cheaper to make and one failure in a bunch of 10 was not the end of the world, but it is if you only make a single film per year.
This has lead to the ‘security blanket’ attitude of
– Grasping at novelty and the new (awe the viewer with technical effects and use their curiosity to get them to any old film, no worries about a plot)
– Remake good films (usually a failure, repeating perfection is pointless and no one tries to improve a bad film even if there is scope)
– Pander to male audiences/movie exec egos by always pairing old men with young women and generally showing little interest in non-youth, non older male audiences
– Use focus groups and then change film plots to fit the broadest common denominator that can be obtained ( with emphasis on youth and older males).
I think cinemas are not helping at the moment, as the admission prices are absurd, so the audience is trapped into not taking risks as well as the studios – so more quirky films loose out even more as its too risky to spend £40 upward taking a family to an unfamiliar film. £8-£11 quid for one adult ticket (the price of one or more DVDs which you can repeat show or lend to friends).
Price means no hope of taking a family and getting kids into the cinema habit.
I used to go on my own at least 4 or 5 times per month, did that for many years. Last 2 years not been at all as the ticket prices are no longer affordable and I don’t even have a family to keep.
Cinema/multiplexes – an industry killing the best of itself off.