After would-be summer hits from Disney, Warner Bros., and Universal already vacated their release dates, Sony Pictures announced Monday that its comic book adventure “Morbius,” “Ghostbusters: Afterlife” and virtually all of its upcoming tentpoles were being moved into the fall or beyond. It was an acknowledgment that the coronavirus pandemic is not expected to vanish anytime soon — a grim reality that likely means that movie theaters will remain closed for the near future.
“When Sony pulled the plug on their films, that signaled the end of any hope of a summer movie season,” said Jeff Bock, an analyst with Exhibitor Relations. “If magically a vaccine comes out in June, then maybe that won’t be the case, but I don’t really expect that to happen.”
Historically, summer movie season has been the most profitable stretch for the film business.