Disney | Marvel
Even Universal's "Minions: The Rise of Gru," an animated family film, which was delayed because its production schedule was interrupted due to the coronavirus social distancing restrictions shutting down its French studio location, is still seeking a theatrical debut once it is able to be completed. "It's just economics," Wedbush's Pachter said. "If a movie costs $100 million to make, the rule of thumb is that it needs at least that much in domestic box office, plus all the other windows to break even."Another reason studios are sticking to theatrical releases instead of swapping over to on-demand streaming is the Academy Awards.
Earlier this week, Warner Bros. pushed "King Richard," a biopic starring Will Smith as Venus and Serena Williams' father, to November 2021 from November 2020.
Because they lose massive amounts of money skipping the big screen.
They need more money
Who is still going to movie theaters?
Because they can't film these days?
Pretty sure they don't want us to get used to the standard because then a lot of folks (myself included) would want to ditch the movie theaters permanently.
I guess the recession for movie stars and makers will be a lot longer than the one for main street America. Sad for production crews and alike. Awakening for overpaid stars and producers.
they will receive bailout money , then will release films next year !
For some studios and filmmakers, sticking with theaters is less about money and prestige and more about the communal experience of watching a movie together in a big group. Case In Point: Once Upon A Time In Hollywood!
Adaptation is key for survival. With social distancing Disney is in a pickle so is Hollywood and his cinema.
they dont know how to live in the now