Can Movie Theaters Survive the Coronavirus Crisis?
Reading now: 604
variety.comMovie theaters have endured world wars, depressions and recessions, and the advent of everything from television to streaming.
But COVID-19 and the public health crisis it has generated around the globe represent an existential threat to the cinema business like no other.
In a matter of days with the accelerating spread of the contagion, most of the largest cinema chains announced they were going dark for six to 12 weeks, and major studios postponed the releases of tentpole films such as “Black Widow” and “A Quiet Place Part II.” It’s unclear what awaits these theaters when they reemerge from the unprecedented quarantines and how severe the economic toll of the work stoppages will be. “There’s never been a situation like this,” says Eric
Read more on variety.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
