When the COVID-19 pandemic first started, many major studios suspended production of their upcoming projects. That meant that most of them were primed to lose millions of dollars from pre-paid contracts, rented empty sets, and delayed release dates. Afraid of falling into that trap from the prolonged inactivity, the studios began to slowly (and carefully) return to work to finish the films that fans had been anticipating.
Then the pandemic hit again and movie theaters were forced to limit their capacity in accordance with CDC guidelines, which prompted a dramatic decrease in audience attendance. The unfortunate situation eventually forced studios to reschedule their films’ release dates and try an alternate approach in distributing their content. Thus, a new age of streaming was born, where newly released movies could be seen by audiences from the comfort of their own homes and for a reasonable price.
from Movies – We Got This Covered https://ift.tt/3H8acPR
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