Well that's a matter of opinion and I respect that, but I really have to disagree. I find so many Hollywood films (blockbuster or mid-budget pictures) to so often be "formula" films or films that have often been told before, and told better. Each year just look at how many remakes there are of films, rarely ever surpassing the original.
I agree some independent and foreign films aren't great but generally they get a distribution here because of critical acclaim, audience reaction at film festivals or because foreign films win awards in the country of origin so we generally (but not always) get "the best of the best" here.
Make no mistake, I don't dislike Hollywood films (though I don't like or see a whole lot of them anymore) but after seeing thousands of movies in my life being a film nut, I get really excited and stimulated when I see something fresh with a story I haven't seen before. There's some quality coming out of Hollywood, but those films I find are few and far between.
For the record, I loved Christopher Nolan's Batman & Dark Knight to death, I saw them both multiple times at the Scotiabank and bought them on Blu ray disc so there are two examples that come to mind to prove I do like and believe that there is some good stuff coming out of Hollywood. I liked Ironman too (in great part because of Robert D. Jr. who is such an underrated actor). Benjamin Button was a Hollywood film, loved it! There are other examples of course so it's not all bad.
TV is similar. With a few exceptions most everything on the networks is pure crap. The really exciting stuff is (and has been for over a decade) coming out of the cable networks like HBO, AMC & Showtime and in the UK from Channel 4 and BBC.