With respect to the TC and all, but his proclamation is elitist crap.
I'm all for high-quality, smart and evocative films like those he mentioned, but such films were always the exception and not the rule when it came Hollywood pre-1975 aka pre-Jaws.
Hollywood has always been a factory for churning out populist-type films. While they weren't high-budget and effects-driven productions most of the time the way they are now they were made not to win awards but to make money for the studios.
During the 1940's which many consider the start of the Golden Age of Hollywood cinema the most popular films of the day were cheaply-made comedies and crime dramas and thrillers. Not to mention horror films and scifi serials. In the 1950's you got Red Scare and nuclear-scare scifi and horror films which were mostly bad, but it didn't matter to the audience who ate them up that Hollywood studios kept pumping them out.
The technicolor came into being in the early 60's and Hollywood found a new cash cow in musicals. These were the late 50's and early 60's version of summer blockbusters. Yet, for all the great music and lyrical composition of such greats as Sondheim these musicals were cookie-cutter in terms of storytelling, plot and characters. They were even big-budget productions.
Remind you of anything we have since Jaws?
The 1970's saw a resurgence in horror and exploitation films that had nothing to do with big-budgets yet they were probably some of the most profitable productions for studios big and small. The 80's just continued the process but adding a new genre in the form of lone hero action flicks which franchised not the titles but the actors who headlined them.
There's a reason why we have awards such as the Oscars and film festivals like Cannes, Berlin, Venice, Sundance and Toronto. These are the places were people who want something other than what Hollywood has been churning out for the past 80-85 years.
Yes there's a date for Hollywood's death, but it definitely wasn't on Jaws release. If any one should look to when Gone with the Wind came out or earlier to find the anniversary.
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