A Summer With No New Movies? How the Studios Are Planning for Post-Coronavirus Era
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Movie theater chains are confident cinemas can rebound, but what might that recovery look like?
With theaters closed nationwide and May studio tentpoles like Marvel’s “Black Widow” already postponed because of the coronavirus pandemic, industry insiders told TheWrap that studios have begun discussing multiple contingency plans based on when the crisis subsides and theaters can reopen their doors.
In interviews with multiple studio distribution chiefs, a picture emerged of a best-case scenario for the industry: for theaters to reopen by the middle of the summer, a baseline that is being reflected outside the industry by officials like California Gov. Gavin Newsom, who warned on Tuesday that schools in the state would likely remain closed until the end of the school year.