Those films and artists, such as in The Artist, finding success at this year's Oscars have all worked in films that appear to hearken to earlier and romanticized periods of time. Cinema is in many ways far greater than it was in years. As an art form I judge it to be discovering something of a respectful Renaissance, at least compared to say the homogeneous mediocrity of most popular music.
Remember Myspace? I somewhat surreally have a romanticism for the time it wasn't an incomprehensible abomination. Of course, it always was you may say.
Consider the upload of Neil Young's debut of "Heart of Gold" on The Johnny Cash Show in 1971:
The internet and its mediums are very much new. In many ways they are tearing down tyrannies and the haze of obscurantism in its ideal of openness in human communication. But also, this comes with human responsibilities and affections that we have yet to wholly consider and adapt ourselves to.