Hm, I can't picture a Bleach Hollywoodmovie because there's no way they can fit all the cool stuff into 90 minutes.
the movie would have to feature way too many things:
Ichigo has to be introduced, school, friends, family.. and of course his ability to see ghosts. Then he is going to meet Rukia, turn into a Shinigami and learn some stuff(Urahra will become a mixture of Mister Miagi and Micky from Rocky
). No movie without SS, captains and bankais,... now imagine how Ichigo is battling all his way to Rukia in about 25(+5 for achieving bankai) minutes
It could be done properly if they stay away from the SS storyarc and plan a second movie from the start, but then it's probably not flashy enough and too risky financially-wise.
btw, I can't wait for the hollywood death note cast.. just think of all those emofags with chocolates at the casting