Movie Theater Closings Could Cost The Industry Billions

by Jeremy Spirogis
AMC Cracks Down Further On Theater Attendance Amid Coronavirus Concerns

That’s a 40% drop year-over-year, and that’s fairly near a finest case situation. That assumes that the schedule reshuffling that we have seen, that largely pushes the summer season film season again from beginning in May to getting underway in mid-July, does not should be reshuffled once more, and that movie show attendance is one thing resembling regular as quickly as individuals are in a position to return to theaters once more. Obviously, if issues get delayed even additional, or if folks do not return when theaters open, that is solely going to imply an even bigger hit to the field workplace backside line.

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