) titles. More than 40 films that were either completed or near completion elected to delay their 2020 releases into 2021 or beyond, “a clear signal from the industry that this ecosystem does not exist without theatrical.”
Corcoran, chief communications officer at NATO, said “some consolidation” and “changes” are likely after the pandemic eases, but said there are not too many screens or seats in the U.S. The idea of studios feeding more fresh product into PVOD is akin to “propping up a segment that is in secular decline,” Corcoran said. “I don’t understand the rush to do it.”
Contrino said the global picture — notably the recent success of movies in China, Spain and South Korea — should offer a degree of reassurance to the rattled U.S. sector. “As the virus ebbs and flows around the world, you’re going to see demand increase and decrease just as fast,” he said. “In territories where the pandemic was handled quicker and they got their cases down, blockbusters exist again.
Foster said the uncertainty is “new to Hollywood. Hollywood is used to taking everything and throwing it against the wall.” During the emergence from the pandemic, “It’s clear that there’s still a big group of people who are unsure about what they’re going to do. ‘Do we go to a movie or do we wait?'”
Exhibitors need to take responsibility they are the reason why New York movie theatres aren't reopening yet not Gov. Andrew Cuomo who told them back in June what they needed to for them to be allowed to reopen, the problem exhibitors talk alot but don't do what's necessary
in other news. water kinda wet.
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