FILE - Posters for upcoming movies are displayed in an empty corridor at the currently closed AMC Burbank Town Center 8 movie theaters complex on April 29, 2020, in Burbank, Calif. After several false starts, the film industry is hoping to bring new releases back into movie theaters in late August.
While the beleaguered restaurant industry still has takeout and airlines continue to operate with masked flyers, the vast majority of U.S. movie theaters havent punched a single ticket since March.
The largest studios the Walt Disney Co., Warner Bros., Universal now all have streaming services of their own now, along with television operations.
Theaters in China, the worlds second largest movie market, this week reopened with theaters limited to 30% capacity.
If they dont do something, if they just keeping holding the films back, the theaters are going to die.