The home theater has an image problem. Mention it and most people picture a dark basement room with rows of reclining chairs in burgundy leather, acoustic foam panels, and a carpet with a film reel pattern. That version of the home theater exists and still gets built, but it is not what the current generation of high-end clients in Los Angeles is asking for.
What they want is a room that is a great theater when the lights are down and a genuinely comfortable, well-designed room when they are not. That is a harder design problem, and it is a more interesting one.