The coronavirus pandemic has brought a lot of changes to daily life and how things are going. Stores started closing early and only letting a certain number of people into the store, some business closed entirely, and many people have started to work from home.
Production on lots of movies and TV shows has been halted due to it including large groups of people and it being hard to adhere to the safety guidelines: like staying six feet apart. Movie theaters have also closed.
Due to the theaters closing, many film studios have opted to release their movies instead on a streaming service to be able to rent. Movies typically cost twenty dollars to watch this way.
This has proved to be beneficial for the movie companies too, as Trolls: World Tour made way more money than its projected profit.
Companies seem to be comfortable offering their movies this way, as at home theater rentals seem to become more and more common.
Not every movie can benefit from the pandemic. Many have had to halt production and change their release date. This can cause a shift in a company’s schedule for years. This can be seen with Marvel. They had every movie planned out for many years, so even having to push back one release date can affect all their movies. This can result in a major profit loss.
Movies like Mulan, Wonder Woman 1984, and Venom 2 have been pushed back months for their release. Scott Pilgrim vs. The World is nearing it’s tenth anniversary and was going to be rereleased in theaters, but now it’s going to have wait.
The pandemic has caused many things in our daily life to change. One thing is for sure though, movies will always be around and many studios are willing to adapt to change to put out their movies for viewing. Although production has halted on some projects, they will still be released.
