Why is technology worried about catering to Hollywood?
The digital market is going to be HUGE. Hollywood could try to boycott it for a while, but they're just shooting themselves in the foot if they do.
Meanwhile, independents will take advantage of Hollywood's absence to get their material out to a hungry audience. They'll make a bundle while Hollywood bangs its head against the wall.
Eventually Hollywood will have to give in and distribute digital content, because they can't afford not to!
Hollywood is in no position to demand anything. If you build the technology, they will come. Let the market do its thing, and make the legislators get out of the way!