Why Movie Theaters Are In Panic Mode Seven Months Into Coronavirus?
The film enterprise has a popularity for being recession-proof. Even when the financial system’s in a downturn, individuals need leisure. However with the coronavirus pandemic ravaging the U.S. and the world, film theaters are in panic mode seven months into the coronavirus pandemic. Huge movie show chains, AMC and Regal Cinemas, reopened their theaters to the general public again in late August. However with a number of blockbuster motion pictures pushed again to Christmas or to 2021, movie show chains are shutting down throughout the U.S. and the UK for the second time. With the film enterprise competing with common streaming companies like Netflix, Disney+ and Apple+, is that this the tip of the movie show enterprise as we all know it? Right here’s what the film enterprise appears like throughout a pandemic, and what it would seem like sooner or later.
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Why Film Theaters Are Panicking Seven Months Into Coronavirus