CoronaVirus And It’s Impact On Major Hollywood Studios
CoronaVirus HollyWood: Coronavirus has left the world at a standstill. It has managed to cripple several industries and inter-personal relationships.
The entire planet is in a panic as we write. A lot of industries such as the entertainment industry are crippled and struggling to stay afloat.
Hollywood is struggling to release major movies especially in the affected parts of the world. Production companies have started monitoring their employees from China, Japan, Italy, and South Korea. All promotional campaigns for upcoming blockbusters in affected areas have been halted.
Italy is the second most hit country, with casualties rising up to 400 persons.
Studios are not releasing movies in the country. Mulan, The Grudge, Onward and other films from the US were affected too.
THE IMPACT ON MOVIES
Mulan is another movie expected to take a big hit. This is because they are unable to release in China. A big task for Disney is getting people to go out to the cinema in such an affected country. Everyone is avoiding crowded places, as it should be.
Other movies like No Time To Die, Wonder Woman 84, Fast & Furious 9, etc are expected to have had massive international rollouts but remain stagnant, right now. Unfortunately, they are unable to cash out.
GLOBAL IMPACT OF THE VIRUS
On a global scale, the virus COVID-19, also known as Coronavirus has affected over 82,500 persons, killing over 2,810 of such affected persons. This number is expected to go up as the day goes by, according to health experts.
Regarding movies, studios are yet to roll out official statements about the crisis. However, they have all taken measures to ensure employees in affected countries are protected and are safe.
Many are affording staff the opportunity to work from home.
The virus has now gotten to Africa, affecting major countries like Egypt and Nigeria. Experts are surprised to observe that it is not as widespread as expected. It is still unclear if this is because of improper documentation or not.