RE: If Tenet is announced for August release, I will rebuy25 Jul 2020 20:30
43 billion dollars was generated at the box office in 2019. 20 billion dollars of that went to studios, distributors, producers. That’s 20 billion, quite a lot of money there. This is not an amount you throw away overnight. It’s a massive cash cow before the movies get to DVD, TV etc.
Movies have been going straight to TV for 20 years, this is NOT something new. It will keep on happening. More so during covid because the producers did not want to wait for the cash, its business after all.
Cinemas are not going anywhere, I’m. It worries about that. There is too much money involved to remove them from the screening process where they are at the top.