Impact of the COVID-19 pandemic on cinema

Common card · No. 260315

The COVID-19 pandemic had a negative effect on certain films in the early 2020s, mirroring its impacts across all arts sectors. Across the world, and to varying degrees, cinemas and movie theaters were closed, festivals were cancelled or postponed, and film releases were moved to future dates or delayed indefinitely. Due to cinemas and movie theaters closing, the global box office dropped by billions of dollars, streaming saw a significant increase in popularity, and the stock of film exhibitors dropped dramatically. Many blockbusters originally scheduled to be released by mid-March 2020 were postponed or canceled around the world, with film productions also being halted. This in turn created openings for independent cinema productions to receive wider exposure. By March 2020, the Chinese film industry had lost US$2 billion, as it had closed all its cinemas during the Lunar New Year, a period that typically sustained the industry across Asia. North America saw its lowest box office weekend...

Read on Wikipedia · Image Alexey Solodovnikov (Idea, Producer, CG, Editor), Valeria Arkhipova (Scientific Сonsultant), CC BY-SA 4.0