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Hollywood could be facing $5billion in losses due to international Coronavirus outbreak

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www.dailymail.co.uk

The international Coronavirus outbreak could lose thefilm industry as much as $5billion, according to The Hollywood Reporter.Box offices have been taking a hit since Chinese theaters shuttered for the past weeks and now cases throughout the Italy, South Korea, and Japan are only intensifying bottom-line worries.While $5billion is the current estimate, the number could grow even bigger if the outbreak continues to intensify in the US, where there have been 100 confirmed cases so far.

Unhealthy numbers: The international film market could lose as much at $5billion from the Coronavirus outbreakCurrently the virus has infected over 90k.

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