Box Office Earnings Drop 97% Due to Coronavirus

Box office movie theater
Hollywood's movie industry hits its lowest box office in decades.

Hollywood’s movie industry hits its lowest box office in decades.

AMC, Regal, and Cinemark shut down operations on Wednesday. Now, Hollywood reported the lowest box office figures since the film industry started tracking box office numbers decades ago.

North American cinemas took in less than $300,000 for all the movies currently in theaters, according to The Hollywood Reporter. The box office results are down 97% from the comparable date last year and is the lowest daily total in film history.

On the bright side, drive-in theaters saw a major rise in attendance. Since audiences view movies from their cars, it is still possible to watch a movie with a crowd and follow social distancing mandates. That said, there are not many drive-in movie theaters left around the country.

Hollywood studios are delaying all new movies including ‘Mulan’, ‘Fast and Furious 9’, Marvel’s ‘Black Widow’, ‘A Quiet Place Part II’ and the 007 spy-drama ‘No Time To Die’, even drive-ins that do manage to stay open won’t be getting any new films in the near future.

Continue Reading:

Director Christopher Nolan Begs Americans to Save Movie Theaters

Christopher Nolan pleads for America to save the movie theater industry during the Coronavirus outbreak. Critically acclaimed director Christopher Nolan has written an op-ed for The Washington Post, begins the nation to keep theaters alive…

Netflix Starts $100 Million Coronavirus Disaster Relief Fund to Help Actors and Crew Members

Netflix is giving back to creators and the TV and movie industry affected by the Coronavirus. According to Variety, Netflix created a $100 million Coronavirus relief fund. As the Coronavirus spreads throughout the world, Netflix’s fund…

Kylie Jenner Shares Advice to Fight the Coronavirus

Kylie Jenner is giving back and using her influencer power to fight the coronavirus. The 22-year-old billionaire took to Instagram on Thursday to share her best advice for fighting COVID-19. This news comes after the…