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Theaters look to Scarlett Johansson s Black Widow to spark 2021 moviegoing
By
Friday Jan 01, 2021
Movie theater operators, after a year of dismal ticket sales during the pandemic, are hoping a lineup of superheroes, fighter pilots and cinema’s most famous spy will help them stage a comeback in 2021.
Roughly two-thirds of theaters remain shut in the United States and Canada, normally the world’s largest film market. Box office receipts in 2020 plunged 80% from a year earlier.
But theater owners and industry analysts see reason for optimism as COVID-19 vaccines roll out and James Bond, Black Widow and other heroes star in new blockbusters set to begin lighting up screens in the spring.
Scarlett Johansson s Black Widow likely to spark 2021 moviegoing
Entertainment
Sat, Jan 02, 2021
Movie theater operators, after a year of dismal ticket sales during the pandemic, are hoping a lineup of superheroes, fighter pilots and cinema’s most famous spy will help them stage a comeback in 2021.
Roughly two-thirds of theaters remain shut in the United States and Canada, normally the world’s largest film market. Box office receipts in 2020 plunged 80% from a year earlier.
But theater owners and industry analysts see reason for optimism as COVID-19 vaccines roll out and James Bond, Black Widow and other heroes star in new blockbusters set to begin lighting up screens in the spring.
Alexi Rosenfeld/Getty Images
Stay-at-home orders meant a strong year for streaming stocks, including Roku and Spotify. Comcast also gained, but many entertainment stocks ended 2020 lower.
Many Hollywood stocks are ending 2020 lower than 2019 despite a gain in the broad-based S&P 500 stock index. Movie theater stocks, whose financials and liquidity have been hit hard by the pandemic, are wrapping up the year with particularly big drops.
On the other hand, streaming stocks, from global giant Netflix to device maker Roku and music streamer Spotify, got further boosts amid stay-at-home orders around the world. And thanks to the early success of its Disney+ streaming service, which hit 86.8 million subscribers as of early December, the Walt Disney Co. was the biggest gainer and Wall Street darling among Hollywood powerhouses.
Theaters look to Bond and Black Widow to spark 2021 moviegoing By Lisa Richwine
FILE PHOTO: Shoppers walk past an advertisement for the upcoming James Bond film NO TIME TO DIE whose release has been delayed due to the coronavirus disease (COVID-19) pandemic at the Christiana Mall in Newark
LOS ANGELES (Reuters) – Movie theater operators, after a year of dismal ticket sales during the pandemic, are hoping a lineup of superheroes, fighter pilots and cinema’s most famous spy will help them stage a comeback in 2021.
Roughly two-thirds of theaters remain shut in the United States and Canada, normally the world’s largest film market. Box office receipts in 2020 plunged 80% from a year earlier.