Hollywood's theater owners, film distribution executives, analysts and writers who pore over the numbers each week are reckoning with a full stop.
28% see no reason to stay away; 72% would exercise caution due to pandemic.
In an ambitious move to meet the ever-increasing demand for exemplary programming, Eros Now will soon layer the Eros Now base service with an extensive English-language content offering consisting of over 2000 hours of programming.
Riding the worldwide popularity of K-content, the streamer's new offerings span genres such as crime, sci-fi, romance, drama and reality.
The move has not sat easily with Contents Panda, the Korean sales company which had pre-sold the film to more than 30 overseas distributors.
In Los Angeles, a raft of dramas, sitcoms and talk shows have canceled or suspended production, affecting over 200,000 workers. In Canada’s main film hub of Toronto, virtually all production had already been suspended, in total affecting 30,000 jobs. Forty-eight out of 51 productions have been shut down in British Columbia, mainly in the Vancouver area, affecting more than 20,000 workers.
Abhishek Rege, CEO at production firm EndemolShine India, said that the losses for the broadcast industry will be huge even if people watch re-runs.
Over 2,700 movie theaters in the two countries will close down after government-ordered shutdowns of non-essential services for up to six months.
Variety is asking people across the industry, including actors, writers, directors, producers, crew members, executives and freelance workers to write first-person essays about how their professional lives have been affected by this life-changing pandemic.
Two-and-a-half weeks of reduced wages may stave off the wolf at the door, but for how long?