Cancellations of Blockbuster Playdates Douse Theater Industry’s Hopes

Cancellations of Blockbuster Playdates Douse Theater Industry’s Hopes

As it has become evident that movie audiences prefer to stay home, major Hollywood outfits have once again canceled the November release of blockbuster movies. The move doused the theater industry’s hopes of making a strong comeback this November up to December.

November Playdates of Blockbuster Movies Moved or to Move on Later Dates

As it is Warner Bros.has tentatively moved ′ “Wonder Woman 1984” from a previous October playdate, to December. The November release of “Black Widow,” one of the most anticipated Disney Marvel movies, has been rescheduled for showing in May 2021.

Even MGM’s new James Bond offering, “No Time to Die,” which has a November 20 debut showing is expected to be met with another cancellation. The same goes for Pixar’s “Soul,” which is also scheduled to have a premier showing on Nov. 20, is a likely candidate for a rescheduling. .

The decisions for cancellations came amidst the lack of response from the movie going public. This was demonstrated by Warner Bros.′ “Tenet” as it was supposed to bring signs that the movie audience are raring to go back to watching movies in cinemas. However, due to the continuing rise of COVID-19 cases, “Tenet” failed to drive, not only the American, but also Canadian moviegoers back to the cinemas’ big screens.

As a result of the cancellations, theaters do not have new blockbuster content that they can offer to lure back moviegoers, despite all efforts to make their cinema complexes safe. The President of Box Office Analyst, Doug Stone commented that

“The lackluster domestic box office has convinced Hollywood studios that they have to pull their blockbuster movies off the November calendar, leaving owners of cinemas with limited content to offer as enticements in luring the moviegoing public out of their homes.

That being the case, there is the possibility that theaters may simply shutdown in November since no significant revenue can be expected from the limited content. The greater concern of the theater industry is that the not too well-capitalized theaters could simply decide to throw in the towel, and give up altogether by December.