Company Disney announced that it is suspending the publication of data on weekly collections of its films in world markets. The reason was the global collapse of the film industry due to the coronavirus.
Since Disney is one of the dominant players in the market, the refusal to publish information makes the rest of the reports pointless. However, this situation in Hollywood cannot be surprising: almost five thousand movie theaters closed in the United States, generating 96% of the fees on the North American market.
At the same time, the company Mickey mouse losing a lot of money. Despite the cartoon’s leadershipForward“(Onward) from the studio Pixar, his fees were catastrophically low. Other projects, including “Mulan“(Mulan), “New mutants“(The new mutants) and “Black widow“(Black Widow)were postponed indefinitely. Do not forget about the closure of theme parks.
Other companies also postponed their releases until June. The first major release will be the film “Wonder Woman: 1984“(Wonder Woman 1984) from Warner bros
Many companies are now seeking to minimize their losses due to coronavirus. The company’s step is most indicative in this regard. Sony. Apparently, the plan to launch a new movie universe based on comic books Valiant suffered a deafening collapse due to the failure of the film “Bloodshot“(Bloodshot) from Wine Diesel, which is at the box office a week and a half. Therefore, from next week it will be released on digital platforms.
The company got even more radical Universal. So cartoon “Trolls: World Tour“(Trolls world tour) will be simultaneously released in the United States in cinemas and on digital platforms on April 10 (in Russia the premiere took place on March 19).
Not all is well in the territory of the Russian Federation. So, the total losses in the event market (cinemas, theaters, forums, exhibitions and so on) can amount to about 50 billion rubles. Therefore, major market players, trade unions and specialized organizations are already asking the government of Mikhail Mishustin for tax benefits and subsidies.
Vin Diesel – superhero: review of the movie “Bloodshot” / Bloodshot
Read also: Hollywood has been diagnosed with coronavirus: What is happening with the film industry?
Chronicles of coronavirus 2023: A new generation of consoles is being ported?
The end of the “dairy cows” or How “effective managers” finished off “Star Wars”, “Doctor Who” and “Star Trek”
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