It must have come as a major shock to many movie buffs when ‘No Time to Die’. The latest James Bond movie was called off by the organizers due to the outbreak of the coronavirus. The organizers have been 2020 and even 2021. As per https://www.usatoday.com, the COVID-19. Has been declared by the WHO as a global pandemic and this has impacted the US economy drastically.
Hollywood has been impacted severely and the cancellation of these movies. Would be affecting adversely much more than simply the profits of major studios. Here are some of the movie blockbusters.
No Time to Die
The release of “No Time to Die” has been delayed until November after a thorough evaluation. And careful consideration of the entire global theatrical marketplace as per the producers of the film. And in the United States on November 25. As per the Hollywood Reporter, The studio, MGM would be taking a hit of $30 million to almost $50 million.
Mission Impossible 7
The production of “Mission Impossible 7” has been stopped in Italy. Due to the growing concerns over the spread of the coronavirus. Meanwhile, we know that the coronavirus has killed 19,468 in Italy. The Paramount Pictures have not yet come up with any further announcements. However, keeping the current health scene in mind. We do not see any scope for the movie to be released anytime soon.
The Sonic Hedgehog
The China release of The Sonic Hedgehog was postponed indefinitely, given the coronavirus outbreak. The movie was quite a hit surprisingly in the United States. And made $140 million while it made $295 million globally. All 70,000 movie theaters would remain closed because of the devastating health hazards imposed by the coronavirus pandemic.
Bloodshot is a superhero film and Vin Diesel is very popular in China. Vin Diesel stars in the Bloodshot as the superhero of the Valiant Comics. The movie was slated to release on March 11th. In the United Kingdom and March 13th in the United States.
The release of Disney’s live-action remake of “Mulan”. However, just from a delayed China release, it could prove to be pretty difficult to recover the losses.
The entire movie industry is right now in the dumps because of the tragic health situation worldwide.