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Analyst Says Studios Have To Be “Willing To Take A Hit” For Theaters To Survive

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As the business week begins today, we’re already seeing massive financial implications from the news of “No Time to Die” being delayed and Cineworld shutting down its US and UK cinemas.

And according to a new interview with THR, financial analyst Eric Wold believes that the next two months are going to be a “virtual ghost town” for theatrical releases and that studios need to be willing to take financial risks to ensure that cinemas will be viable when states fully reopen sometime in the future.

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