I don't think it's possible to cite a single movie as "the last classic Hollywood type movie" where its focus was entertainment and had movie magic feel to it, but I do think you could make a general list.
Some I'd throw out there for me are Mask of Zorro (1998), the Transporter (2002), the first two Harry Potter films.
What about you guy's. What's your personal list of movies that were sort of the last of that era where movies felt like movies and had something special to them?
I’m going to agree with a lot of others and say the LOTR trilogy was when we peaked. Still lots of good movies since then, but it’s gotten gradually worse.
Admittedly, the Marvel movies were an epic ride. They were just fun to watch and should’ve been tied up with a nice bow at the end of Endgame. But they couldn’t resist the cash grab and just started sharting out the garbage.
The END of Hollywood was back when they put requirements for wokism in their Oscar qualifications. The steady decline of the film industry just went off a cliff after that.