5th March 2020 – (Hong Kong) After the government urged the public not to go to cinemas to avoid spread of virus, many midnight shows were cancelled resulting in severe impact to the industry.
Some movie directors suggested adapting to the situation and uploading movies to the online platform to increase revenue. The Hong Kong Theatres Association pointed out that since January this year, the cinema occupancy rate has dropped by 80% compared with last year, and the number of screenings has also decreased. Many cinemas have opened late and ended early.
Many midnight screenings after 11pm were also cancelled. The last screening usually starts at around 8-9pm nowadays. Cinema-goers are also seated in alternate rows to minimise spread of virus.
Meanwhile, James Bond movie ‘No Time To Die’ release is also delayed until November due to coronavirus. The release of the upcoming James Bond film “No Time to Die” has been pushed to November from April. It is the first Hollywood film to be delayed due to the coronavirus outbreak.
According to CNBC, Disney’s “Mulan” has long been expected to perform tremendously well in China, but if theater closures continue, its tally at the box office could take a hit. The live-action film tells the tale of a young Chinese woman who disguises herself as a man in order to enlist in the Imperial Army instead of her ailing father during wartime.
Disney has not said the movie’s March release in China has been altered, but analysts are already bracing for the announcement. The biggest worry is that the film will be pirated over the internet, putting a dent in potential ticket sales.
Additionally, U.S. film companies could begin to halt production of movies being shot internationally. Already, Paramount Pictures has halted production of ‘Mission: Impossible VII’ in Italy due to coronavirus outbreak concerns. Sony Pictures has also temporarily shuttered its offices in London, Paris and Gdynia, Poland due to coronavirus fears.