One year in the outbreak of COVID-19, Hollywood studios and theaters hope a resurgence will come.
Some of the theaters in America’s two biggest box office markets, New York City and San Francisco, will open this weekend after closing for the better part of the year. As cities gradually open up to public spaces and more Americans are vaccinated for Covid-19, filming is ready for a comeback, though there is a long way to go before all the country’s screens flickering.
The theater owner is getting ready. Some of Hollywood’s top executives are working on delays in the release of movies. And for films slated to open in theaters in the coming weeks, customer interest in a comeback, as well as results in New York City and San Francisco, will begin to test the wisdom of decision-making that has never been. There was a precedent of the studio in the past year that was its premiere. Simultaneously in theaters and digital streaming services.
Other theaters in the United States have been operating for months, including in Florida, Texas and Ohio. But the results at the box office were dire. One of the largest movie theater markets in the US earns a lot of box office revenue when movies are released.
“The adrenaline is definitely getting pumped and excited about the opening again,”; said Scott Rosmann, executive of New York City’s Angelika Film Center in the trendy Soho district and two other urban theaters. That we should get all adults in the United States to be vaccinated by the end of May, it gives me great hope that we will have a blockbuster summer. ”
President Biden said earlier this week that he expected the United States to have enough vaccines for all American adults by the end of May.
Still, theater owners were unable to contain auditoriums, and many of the main theater markets remained closed, including in the home base of the Hollywood studio in Los Angeles.
Cineworld Group CNWGY 3.28%
PLC’s Regal Entertainment Group, although it is backed by a reopening of the service. But it said it would stop operating in more than 500 theaters in the United States until its leadership was convinced of the budget films. The release date for the new movie will allow us to open the cinema again, ”the company said.
Both New York City and San Francisco required theaters to limit their attendance at 25% and theaters would require moviegoers to wear masks. It is not yet known if the pent-up demand for popcorn and large screens will emerge after more than 500,000 people have died from COVID-19 in the United States, and it has also raised public fears about the effects of COVID-19 deaths. Indoor gathering
The biggest Disney studios in Hollywood,
Confident Friday, the studio is about to release “Raya and the Last Dragon” in more than 2,000 theaters in North America. It’s been a year since Disney opened a new release in theaters in the country.
Disney is now offering movies to Disney + streaming service members simultaneously for an additional $ 30, meaning some people are more likely to watch animated family movies at home.
The last Disney film released exclusively in North American theaters, Pixar’s “Onward,” hit more than 4,000 theaters on March 6, 2020, but it took place at the box office amid a worsening outbreak and theaters shutdown. drama
Paramount Pictures’ highly-anticipated sequel director John Krasinski, “A Quiet Place Part II,” announced on Twitter late Thursday that the film had moved up to weekends. Of remembrance in May from a previously scheduled premiere for September.
Sony Pictures Entertainment Still optimistic about May This week, the studio said it would release “Peter Rabbit 2: The Runaway” in May instead of June. The studios opted to release movies in theaters earlier due to signs of a recent resurgence and fueled demand for family movies, according to a person familiar with the matter.
Family movies have performed better than others in recent weeks. Universal Pictures’ animated sequel “The Croods: A New Age” grossed $ 52.4 million over the weekend, according to Comscore, after it ran for 14 weeks in theaters. Over the weekend, the Warner Bros. family name “Tom and Jerry” took the top spot in the country after generating $ 13.7 million in ticket revenue.
As with all 2021 studio releases, “Tom & Jerry” can be viewed on the HBO Max streaming service, which, like Warner Bros., is an AT&T-operated unit. Of Inc.
During the pandemic, Hollywood studios were focused on their streaming services, delayed launching their most coveted projects, or selling movies to competitors for distribution. D online As a result, the nation’s largest theater network, which includes Regal, AMC Entertainment Holdings Inc. and Cinemark Holdings. Inc.,
Seeing earning opportunities dwindling, AMC managed to prevent multiple bankruptcy over the past year.
As select cities and states eased restrictions amid the fluctuation of the epidemic, AMC and Cinemark reopened some theaters with reduced capacity. They also take higher social exclusion and hygiene measures.
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Many theater owners expect Hollywood studios to start screening the famous films again after moviegoers showed they were comfortable returning to multiplex theaters. And the rest of California, especially Los Angeles, are open again.
Franchises such as MGM Holdings Inc.’s latest James Bond installment, “No Time to Die,” and Disney’s Marvel Spinoff “Black Widow” tend to drive most ticket sales. Both films, including many other large-budget titles, were postponed several times during the epidemic. “Black Widow” is currently slated to open in early May in the United States and Canada. Scheduled for release on October 8.
In an effort to normalize life, Texas’ Greg Abbott took a more proactive approach than many other states and companies when he lifted restrictions related to the outbreak on Texas businesses and Repeal of the state mask order
The move brings a number of complications for businesses, including cinema network Tim League, founder and chief executive officer of Austin-based Alamo Drafthouse Cinemas Holdings LLC, has joined the conglomerate, saying they will act. Following public health advice and continuing to maintain the Covid-19 prevention protocol, the network announced this week that it would permanently close two Texas locations as part of a Chapter Bankruptcy filing. 11
“If you put off your mask now, what about the people there in the workplace there every day? They are at risk, ”said Mr. League.
While Mr. League said he was ranked as the best news of the week. But his Alamo theaters in New York City and San Francisco will remain closed this weekend as the chain dining experience requires more preparation before opening again.
“There are many signs of encouragement and I’m sure by the end of the year we will be back to normal,” he said, “but it all depends on the comfort level of people getting out of the house.”
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