After a week that brought another slew of release-delay announcements, current results suggest the studios were right to do so. There’s a few more open theaters, but with no new wide films and most also playing at home, grosses remain depressed. The top 10 totaled $8.3 million, with all films taking in around $9.5 million. That’s down about 25 percent from last weekend, and $110 million less than the same one last year.
Warner Bros. reports that 43 percent of domestic screens are open, but represent areas that constitute about two thirds of the population. The absence of major films, the home availability of those in release (including seven of the top 10), and the audience’s reluctance to visit theaters are a deadly combination.
Multiple top titles remain in the prime May-July period for now, but it appears that theaters may face reduced product and operations until fall — all told, 18 months. Even after the crisis ends,...
Warner Bros. reports that 43 percent of domestic screens are open, but represent areas that constitute about two thirds of the population. The absence of major films, the home availability of those in release (including seven of the top 10), and the audience’s reluctance to visit theaters are a deadly combination.
Multiple top titles remain in the prime May-July period for now, but it appears that theaters may face reduced product and operations until fall — all told, 18 months. Even after the crisis ends,...
- 1/24/2021
- by Tom Brueggemann
- Indiewire
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