The Burbank studio did not set a new release date for the Christopher Nolan film, which had already been pushed back twice due to theater closures.
North American box office will drop an estimated 61% from last year, as the pandemic has Hollywood studios holding off on new releases and theaters scrambling to make audiences feel safe.How drive-ins and ‘virtual cinemas’ became a lifeline for indie films during the pandemic
Cinema owners have been desperate for new Hollywood films to show on their screens after months of virtually no revenue. Some indoor theaters have opened by primarily showing older films, including “Jurassic Park” and “Jaws,” but they have struggled to draw patrons.. “If we go a year without new movies, it’s over,” he said.
Also this month, AMC Theatres, the world’s largest film exhibitor, said it raised $300 million in new financing to help it survive the pandemic. The biggest chains, including Leawood, Kan.-based AMC, have furloughed or laid off tens of thousands of employees in order to stay afloat during the pandemic.
Walt Disney Co.'s “Mulan” is still scheduled to be released in theaters Aug. 21, after being delayed from its original plan to launch on March 27. Warner Bros. also pushed the release of its horror movie “The Conjuring 3" from Sept. 11 to June 4, 2021. For now, the studio’s “Wonder Woman 1984" and “Dune” remain set for Oct. 2 and Dec. 18, respectively.
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