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As part of his role at the Singapore Film Society, Mr Tan, the film enthusiast, said he has organised several online Netflix parties – a feature on Netflix that allows multiple users to watch a film together – over the past year. But this does not mean that people are ready to forsake the big screen and the unique experience it offers, said Mr Wilkinson. Even cinema operators have ventured into the streaming space – Shaw Organisation’s Kinolounge and The Projector’s Projector Plus were launched last year. Current estimates by PwC put the compound annual growth rate of revenue from over-the-top video here to be at 15.3 per cent between 2019 and 2024.

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  • All countries needed to learn from China to figure out how to recover the business’s revenue in the present scenario.
  • Instead, it’s likely that VOD has enabled a bifurcation of cinematic content creation, from the huge tentpole releases that will continue to sustain cinema chains to the new brand of straight-to-VOD releases from Blumhouse and Randall Emmett.
  • Pushing back some movies creates a domino effect that will impact the movie pipeline for years.
  • Community, government and private foundations are going to need to step in and support us if we are to survive, and we will need to innovate the way we produce to have any sort of future going forward.
  • As of March 9, the biggest impact of COVID-19 on the box office has been largely limited to China, Japan, South Korea, and Italy, four of the countries most affected by the health crisis to date.
  • Some could do away with in-person ticket purchasing and require customers buy tickets online ahead of time.

The COVID-19 pandemic presents a substantial shock to the postwar order, established by the United States and its allies. For the past 75 years, the United States and its partners have led a rules-based system predicated on liberal democratic values, an open and thriving global economy, and formal institutional bodies backed by powerful democratic states. But this order has not gone unchallenged, and the current pandemic threatens the future of the system at large. A downturn in Western economies could boost a rising China, while a global depression could breed support for protectionism. International bodies designed to safeguard public health appear weak and unable to contain the crisis, and alliances with transatlantic partners are fraying as nations turn inward and close borders. Sustaining and revitalizing the rules-based order that has guaranteed freedom, prosperity, and peace for decades requires a decisive global and US-led response to the pandemic.

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Chaturvedi says before the pandemic, cinema owners were optimistic that if they could screen at least four blockbuster films throughout the year, they would survive. Still, many are concerned that those who haven’t shared their experience aren’t taking the potential aftermath seriously enough—which means they might be more cavalier about protective measures such as wearing masks and practicing social distancing. The other good news is that many long-haulers will not have COVID-related problems for the rest of their lives. For one, they play a key role in attracting footfall to retail malls throughout the day, including with late-night screenings, said Mr Wilkinson. Also, their locations on the top floors of malls usually entice people to check out other outlets as they make their way up to the theatres.

Read: Commentary: Cinemas Are On Life Support

Changing big film release dates is the industry equivalent of turning an oil tanker round. The decision to go back to movie theatres is up to the person going back and how safe they feel. Although movie theatres are doing their best to ensure safety, COVID-19 continues to spread. Theaters will be limiting their capacity to ensure that social distancing is achievable, as well as introducing more cleaning services.

MENASourceMENASource MENASource offers the latest news from across the Middle East, combined with commentary by contributors, interviews with emerging players, multi-media content, and independent analysis from fellows and staff. Some Singaporeans feel that the situation in cinemas does not differ much from other public spaces, such as restaurants or public transport. The wearing of masks has also been made mandatory at all times, except when consuming food and drink. However, it will not be business as usual and the movie experience will probably feel different for viewers too. Movie-goers will have to keep at least one seat free between them, with cinemas having to operate at 50 per cent capacity. Shanghai reported 45 new COVID cases for Jul 7, down from 54 the day before, mostly among people already under isolation orders.

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While filming in Hollywood remains virtually nonexistent, one ever-growing moviemaking hub in the U.S., Georgia, is currently ironing out the details to get its industry back to work. Trolls World Tour went straight to video on demand and became the biggest digital debut ever. In early October, according to CNN, “Cineworld Group, the owner of Regal Cinemas, will suspend operations at all of its theaters in the United States and the United Kingdom beginning on Thursday.” This decision will leave 45,000 people without a job. Several months later, many Americans are still scared about going into a movie theatre as the number of COVID-19 cases in the U.S. continues to increase significantly.

Portugal’s theatres, cinemas and other cultural venues got the go-ahead to reopen on Monday as the country entered the third phase of its exit from lockdown – but many stayed shut, fearing audiences would not show up. To meet or not to meet – it’s the global dilemma in the post COVID-19 era. The pandemic has made deep and lasting alterations in the way we work, socialise, celebrate, mourn, and essentially live. These changes also require a new code, a new set of etiquette, that we must abide by to lead more secure and respectful lives.

Many are also anxious to see if Disney, and other major studios, negotiate deals akin to Universal and AMC’s or go purely digital. Usually, pragmatism is the order of the day at Chinese universities, with Chinese high school students choosing their university majors carefully and avoiding traditionally unpopular and difficult-to-find-job majors as much as possible. But the story of Miss Zhong may show us that there is also a corner of idealism in the hearts of Chinese people, who are commonly eager for success and regard wealth as the top priority in life.

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