4. Movie theaters
Now that the Centers for Disease Control and Prevention has urged that Americans should avoid by all means gathering in groups of 50 or more, movie theaters have no choice but close down. U.S. box office revenue for the weekend of March 13-15 came in at just over $54 million, the lowest since September 2000. For context, no weekend box office in 2020 pulled in less than $80 million.
The negative effects could last for months, as blockbusters like “Mulan,” “A Quiet Place Part II,” “Fast 9,” and the latest James Bond film, “No Time to Die,” were slated to be released in the coming weeks, but all these releases have now been pushed back. Over 100 theaters around the country have closed and more are expected to follow suit.
Major theater chain AMC has announced the closure of all United States theaters. Regal announced it would close all of its theaters until further notice, more than 500 in total, leaving over 25,000 employees without work.
