Movie Theaters Shut Down Because of Delayed Release Dates
Movie theaters are shutting down again – and not because of covid-19 surges. This time, the culprit is delayed release dates.
This week, Regal and Cineworld announced the closure of all 127 theaters in the UK and 536 theaters in the US. Unfortunately, there just aren’t enough new releases to sustain business.
Studios have been pushing release dates because even as businesses open up in certain regions, restrictions in larger markets like Los Angeles and New York are keeping multiplexes dark. That means that releasing a film just isn’t profitable for studios.
Christopher Nolan’s Tenet, for example, made just $20 million in the US (and $150 million globally) on its opening weekend.
Smaller theaters have struggled to stay open as well. Classic Cinemas, a family-operated company operating theaters in Illinois and Wisconsin, re-opened after a months-long covid-19 lockdown but then had to close again.
Delayed Release Dates due to Covid
The following films have been assigned new release dates:
The Batman – March 4, 2022 (originally Oct 1, 2021)
Dune – Oct 1, 2021 (originally Dec 18, 2020)
The Flash – Nov 4, 2022 (originally (June 3, 2022)
Shazam 2 – June 2, 2023 (originally Nov 4, 2022)
Meanwhile, Black Adam and Minecraft, originally set for Dec 22, 2021 nd March 3, 2022, have been removed from Warner Brothers’ release calendar.
The Matrix 4 is the one movie that will come out sooner than originally planned. The Lana Wachowski-directed sequel will be released on Dec 22, 2021, as opposed to its original date of April 1, 2022.
Beyond delayed release dates, there’s one more question hanging in the air is: even with new films, when will people feel comfortable going to the movies again?