• When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.

Coronavirus's impact on the worldwide box office
3 3

572 posts in this topic

first day of mostly shut down US #'s coming in (the down 95%ish is from last Tuesday)

(2) Bloodshot Sony Pictures $200,000 -63%   2,861 $70 $9,922,037 5
- (8) The Way Back Warner Bros. $55,000 -62% -95% 2,718 $20 $13,575,895 12
- (10) Bad Boys For Life Sony Pictures $25,000 -71% -94% 1,451 $17 $204,405,071 61
- (11) Birds of Prey (And the Fa… Warner Bros. $15,000 -73% -96% 2,173 $7 $84,150,350 40
- (-) Fantasy Island Sony Pictures $9,000 -59% -93% 515 $17 $26,431,502 33
- (12) Jumanji: The Next Level Sony Pictures $9,000 -75% -95% 862 $10 $316,828,314 96
Edited by paperheart
Link to comment
Share on other sites

On 3/12/2020 at 3:12 PM, paperheart said:

‘Mulan’, ‘New Mutants’ & ‘Antlers’ Moved By Disney As Coronavirus Grips Release Schedule

https://deadline.com/2020/03/mulan-new-mutants-antlers-moved-coronavirus-1202881355/

theaters going to need federal bailout to survive

Theater Owners Ask Congress For Financial Relief Amid Coronavirus Pandemic

https://deadline.com/2020/03/national-association-of-theatre-owners-theater-owners-coronavirus-nato-1202887045/

Edited by paperheart
Link to comment
Share on other sites

Entertainment Industry Estimated to Lose 120,000 Jobs Because of Coronavirus Pandemic

Quote

The entertainment industry is estimated to lose 120,000 jobs due to the coronavirus pandemic. IATSE reported those metrics for The Hollywood Reporter. The International Cinematographers Guild and Motion Picture Editors Guild have been feeling the crunch. The entire entertainment industry is scrambling trying to adjust to this new reality for the next couple of months. IATSE international president Matthew D. Loeb is asking Congress to help displaced entertainment workers with a relief package.

 

“As social distancing measures are enacted and events and projects across all sectors of the entertainment industry are cancelled, it’s become clear that the COVID-19 crisis requires decisive action from our Federal Government to support displaced entertainment workers," he wrote. "Right now, thousands of our members across all sectors of the entertainment industry are suffering financial hardship because of government mandated cancellations. Entertainment workers shouldn’t be collateral damage in the fight against the COVID-19 virus.”

 

"This is a devastating time for the entire IA family," MPEG national executive director Cathy Repola wrote Wednesday in a message, which also stated that IATSE "has been successful at securing a standardized two weeks of pay from our more responsible employers. The IA intends to address those employers who are not following suit."

Talk about 'impact'. Wow! :eek:

Link to comment
Share on other sites

Wow! Even beyond the box office or TV shows and streaming that we appreciate...

Quote

The specialty comic book market is facing something that could, without an appropriate response, prove decimating to the industry as a whole.

 

"We have reached the moment we have been dreading," said the email.

 

It was from Ed Greenberg, the owner of Collector's Paradise, the comic shop which has three stores in the Los Angeles area. In an email to his customer base, he was reacting to Los Angeles Mayor Eric Garcetti's "Safer at Home" emergency order, which was unveiled Thursday and mandated non-essential services close.

 

"We have been selling comics for close to 26 years now, and this is truly the first time that we are uncertain about the future of our store, our industry and our favorite art form," continued the email, which in many ways summed up the precarious state of the comic book retail business.

 

Even before the coronavirus pandemic, comic shops had been struggling to reinvent themselves as sales slumped — but with social distancing, self-quarantining and the effects of COVID-19 changing the way the world works, the specialty comic book market is facing something that could, without an appropriate response, prove decimating to the industry as a whole.

 

Comic shops were already in the process of adapting this week. When The Hollywood Reporter stopped by Los Angeles' Golden Apple on March 18, it had limited its hours, with its staff wearing gloves and sometimes masks. It had also limited the amount of people it let into its store and even set up a comic book car hop – but this latest news packed a Thanos-sized punch.

 

As of Friday, all of California and New York are under statewide shutdowns of non-essential businesses. Illinois also followed suit.

 

As the full extent of the virus continues to be felt across the country, a good bellwether for how things might turn out for comic shops is northern California, where retailers have been dealing with an enforced shutdown of their storefronts for a week, without knowing whether or not publishers would continue to release product — and bill stores for it — during the shutdown. 

 

"I sent an email to my top five suppliers asking if they were going to be offer returnability on the other end of this — I have three weeks of orders in the pipeline, and zero ability to sell those books in a meaningful way," longtime California retailer Brian Hibbs wrote on Facebook at the start of the week, ahead of the enforced closure of his two stores. "Two of the five ignored me, the other two gave me really really dark answers and it is clear they are using each other as excuses, and only one, Image, stepped right up and said ‘Yep, returnable for now.' It's probably only 80% of the reassurance I want, but at least it is something."

 

Guidance from both publishers and central distributor Diamond Comics Distributors has arrived through the week, albeit in evolving, often contradictory, piecemeal fashion. (Plans for May's Free Comic Book Day event were initially expanded for the entire month, before being indefinitely postponed a day later, for example.)

 

As Hibbs' note suggests, Image Comics was the first publisher to step up, making all new releases fully returnable for the next two months and staggering or cancelling some releases.

 

Industry leader Marvel released a statement Friday announcing its own plan for assisting retailers, with what is being described as "extensive deep discounts" for releases between March 18 and April 8.

 

"As we all encounter new and uncertain challenges in response to COVID-19 and take extraordinary measures to prioritize the safety and wellbeing of everyone in the industry and beyond, our thoughts are with the entire industry and community we all support," said Marvel Entertainment president Dan Buckley in the statement. "We have spoken with many retailers about the economic impact to their stores from this situation, and we are here to help."

 

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
3 3