{"id":26640,"date":"2020-07-14T00:05:00","date_gmt":"2020-07-13T21:05:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/summer-blockbusters-tenet-and-mulan-likely-delayed-again\/"},"modified":"2020-07-14T00:05:00","modified_gmt":"2020-07-13T21:05:00","slug":"summer-blockbusters-tenet-and-mulan-likely-delayed-again","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/summer-blockbusters-tenet-and-mulan-likely-delayed-again\/","title":{"rendered":"#Summer blockbusters \u2018Tenet\u2019 and \u2018Mulan\u2019 likely delayed again"},"content":{"rendered":"

“#Summer blockbusters \u2018Tenet\u2019 and \u2018Mulan\u2019 likely delayed again<\/strong>”<\/p>\n

\n
\n
\n

July 13, 2020 |<\/span> 5:05pm <\/p>\n

\n Movie theaters pinning their reopening success on the August release of blockbuster hopefuls \u201cTenet’\u201d and \u201cMulan\u201d are in for a major blow, industry experts said.<\/p>\n

With COVID-19 cases on the rise in major cities across the US, it\u2019s looking increasingly doubtful that Warner Bros. will premiere Christopher Nolan\u2019s spy flick \u201cTenet\u201d next month, dealing a harsh blow to theaters, said MKM analyst Eric Handler.<\/p>\n

\u201cWe place a low likelihood of \u2018Tenet\u2019 opening on August 12 given a rising number of COVID-19 cases in key areas such as California, Texas and Florida along with the slowed re-opening of the New York City economy,\u201d Handler said. \u201cIn our view, it would be surprising to see theaters able to re-open nationwide before September, at the earliest.\u201d<\/p>\n

Handler expects 2020 domestic box office sales to slide 70 percent from 2019 levels of $11.4 billion, and not rebound until 2022.<\/p>\n

Disney investors, meanwhile, are betting that the live-action remake of animated hit \u201cMulan\u201d could skip movie houses entirely and go straight to Disney\u2019s streaming service, Disney , said LightShed analyst Rich Greenfield.<\/p>\n

For Disney, sending \u201cMulan\u201d straight to streaming would app<\/a>ear to make economic sense even if it would \u201cdeliver a death blow to theaters,\u201d Greenfield said. Disney currently drives 40 to 50 percent of the worldwide box office.<\/p>\n

\u201cA movie like \u2018Mulan,\u2019 pre-COVID, expected to do north of $1 billion\u201d at the box office, Greenfield explained. \u201cIf an average movie ticket is $10 that means that 100 million people would need to buy a ticket for \u2018Mulan\u2019 to hit its numbers,\u201d he said. \u201cIt seems hard to fathom right now.\u201d<\/p>\n

Reps for the studios declined to comment on their premiere plans, but both \u201cTenent\u201d and \u201cMulan\u201d have already delayed their movie theater debuts due to the spread of the coronavirus. \u201cTenet,\u201d originally scheduled for July 31, delayed its release to August 12, while Disney postponed \u201cMulan\u201d from July 24 to August 21.<\/p>\n

Greenfield pointed to \u201cHamilton,\u201d Lin Manuel\u2019s Broadway smash hit, which made its exclusive Disney debut on July 3, as a potential blueprint for how the Mouse House could handle \u201cMulan.\u201d<\/p>\n

Disney, which paid $75 million for the rights to the musical, had originally planned to show the filmed version of the show in theaters. But by taking \u201cHamilton\u201d straight to its streaming service, the Mouse House benefited from a 74-percent spike in Disney app downloads in the US to 458,796 over the prior year, analytics firm Apptopia said. Globally, the app was downloaded 752,451 times, amounting to a 46.6 percent increase over last year.<\/p>\n

Theater chains AMC, Regal and Cinemark have already raised alarm bells over their financial health since their theaters were forced to shutter across the country in March. AMC is nearing a debt-restructuring deal to avoid bankruptcy, while Regal and Cinemark have raised debt and cut costs in a bid to stay afloat.<\/p>\n

\u201cEverything is pointing towards streaming movies<\/a>,\u201d Greenfield said. \u201cThe more you do this, the harder it is to shift back.\u201d\n <\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n

\n

If you want to read more Business News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

\n

if you want to watch Movies or Tv Shows go to Dizi.BuradaBiliyorum.Com<\/a> <\/span> for forums sites go to Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#Summer blockbusters \u2018Tenet\u2019 and \u2018Mulan\u2019 likely delayed again” July 13, 2020 | 5:05pm Movie theaters pinning their reopening success on the August release of blockbuster hopefuls \u201cTenet’\u201d and \u201cMulan\u201d are in for a major blow, industry experts said. With COVID-19 cases on the rise in major cities across the US, it\u2019s looking increasingly doubtful that…<\/p>\n","protected":false},"author":1,"featured_media":26641,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[38193],"class_list":["post-26640","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-summer-blockbusters-tenet-and-mulan-likely-delayed-again"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/26640","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=26640"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/26640\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/26641"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=26640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=26640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=26640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}