Coronavirus Impacts Hollywood as Latest Bond Film Release Delayed by Months
As global markets grapple with the potential for economic slowdowns due to the coronavirus outbreak, Hollywood is now being affected by the virus. On Wednesday, the companies that produce the James Bond series announced…
As global markets grapple with the potential for economic slowdowns due to the Coronavirus Outbreak, Hollywood is now being affected by the virus.
On Wednesday, the companies that produce the James Bond series announced that the release of the latest installment in the series, “No Time to Die,” will be pushed back to November 2020.
“MGM, Universal and Bond producers, Michael G. Wilson and Barbara Broccoli, announced today that after careful consideration and thorough evaluation of the global theatrical marketplace, the release of NO TIME TO DIE will be postponed until November 2020.”
As The Hollywood Reporter notes, studio executives were weighing whether or not to proceed with the initially planned release date of early April in light of the outbreak — and not just for health reasons.
Since January, thousands of movie theaters in China shut their doors as people were warned against going to crowded locations. Additionally, movie executives fretted that outbreaks in Italy, South Korea, and Japan would take a toll on the movie market.
Officials in several countries have warned people against going to crowded locations. Meanwhile, Switzerland has banned events that were expected to draw more than 1,000 people.