the thing about movie being projected from the projector is that its not as bright as a tv screen. compare to tv with hdr say like a led-lcd, projector is nowhere near as bright to show off hdr. i think that is one of the big reasons why movie theater room is always dark, otherwise the bright light will make the picture in theater looks dim.
beside, a digital projector lamp's life might last as much as 3,000 hours and needs to get replace which cost money. while a led-lcd screen with hdr can last up to 60,000 hours i think before reaching half brightness. That mean a led-lcd tv has a 20 times the lifespan of a digital projector.
but lately, newer digital projector that uses laser instead of led has a life-span of 30,000 hours which is really cool and that's much better than digital led projector. but still, neither of these projectors can go as bright as a led-lcd tv screen or even oled for that matter. that means, movie theaters don't have to be as dark to show movies anymore with led-lcd tv screen. they can turn on indoor room lighting and the picture on screen will still look fine.
i hope dead pixels isn't an issue with these massive big screen tv. the led-lcd sets that have dead pixels are rare i think.