Hit hard by pandemic, the cinema industry may change forever
By SHIZHENG TIE | April 30, 2020While the obvious public health, social and economic consequences of the coronavirus (COVID-19) pandemic are well known, this period may also change, perhaps permanently, the way we see movies. During Lunar New Year 2019, the Chinese box office totaled $360 million in the first weekend alone. But this year, as over 70,000 theaters closed and major movies were postponed, that same box office grossed only $2 million over the holiday weekend, even though it was previously expected to generate $1 billion globally.


















