Hollywood delay on film releases amid US coronavirus spikes threatens cinemas’ survival: ‘If we go a year without new movies, it’s over’

The recent surge in Covid-19 cases across the United States has postponed what was already expected to be a slow recovery for the country’s film industry.While drive-ins are doing brisk business, indoor cinemas are struggling to draw audiences because of a lack of new Hollywood films.“Twenty days ago, I would’ve said we’re on track,” says David Gross, head of movie consultancy at Franchise Entertainment Research. “But this latest spike is just awful.”Studios, meanwhile, are dealing with when…

Read the original article at South China Morning Post