According to a Maoyan survey in March, more than 70% of movie lovers in China were eager to return to cinemas after they reopen, up from 54% in February.
First-quarter revenue was "little affected by the consequences of the COVID-19 pandemic," but March trends were hit at ad unit Havas Group and book publisher Editis, among others.
Recently, reports have said theater owners are planning to approach the government to restart the movie-watching and entertainment business by filling only 50 percent of the seats in their respective premises and on seat food and beverage delivery. But can exhibitors assure 100 percent safety to their audiences?
India’s media & entertainment (M&E) sector continued its strong growth through 2019, growing at a percent faster than the Indian economy. Television still reigns supreme, but digital is playing catch up.
In the age of social distancing, drive-in ticket sales in Germany and South Korea are booming.
Apart from losses, maintenance cost, and the challenge of getting people into the theatres, there’s also the added issue of not many big-budget movies featuring big names releasing immediately after the lockdown is lifted, say theatre owners.
A stay-at-home reality singing show, Hindi actors going back to school and an anthology of short films amongst offerings.
Because the notion of what's "normal" is going to change drastically in the era of Covid-19 – at least until a vaccine is found – performers are starting to realise that they need to generate most of their income by other means, while conference and concert organisers need to embrace the same approach, says Xhanti Payi, economist and founding director at Nascence Advisory and Research.
Federation of Western India Cine Employees (FWICE) in its media release mentioned the contribution made by Amitabh Bachchan in partnership with Sony TV and Kalyan Jewellers.
The Marché du Film (Film Market) Online will take the shape of a closed industry space that will include, among other elements, virtual booths for sales agents.