No, this article doesn't have anything to do with the current situation in the economy. The decline of 3D movie production and projection started about 10 years ago, and in this documentary, you will learn how history repeats itself over and over again.
Yes, 3D is not anything new. The technology gimmick rose and fell twice in the last century. We are witnesses of the decline of its third golden era. The first 3D projection happened in 1922, when the film "The Power of Love" was on display using two projectors. That event occurred only twice, and several decades later, 3D was reborn again, until it died and was recently brought up from the ashes. The main difference between now and then is that today 3D can be faked in post as opposed to shooting with two cameras. Although we don't have a clear answer to why there are fewer and fewer films in 3D in the last decade, it seems that the audience doesn't care about that visual effect. I do not care. 3D glasses never gave me any physical indisposition, but watching a movie with them always felt a bit strange. Good old 2D films are here to stay and are cheaper to produce, which, on the other hand, raises the profits of the film studios. In my opinion, that's a good reason why that technology started to decline.
What is your opinion on 3D? Do you care about it?