More Than 13,000 Film and TV Companies in China Have Closed So Far in 2020

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More than 13,000 Chinese film and TV companies have cancelled or revoked their business registrations so far this year, a tally greater than the number of firms who did so in China in all of 2019, …

More than 13,000 Chinese film and TV companies have cancelled or revoked their business registrations so far this year, a tally greater than the number of firms who did so inMay has been the most brutal month for companies in 2020, seeing 26% of these closures.cases that will likely keep cinemas closed for the foreseeable future, despite a notice last month from the country’s top administrative body that re-openings would be permitted.

Beijing reported 36 new cases of coronavirus on Monday, meaning that a total of 79 cases have emerged in the capital since June 12. In light of the resurgence, municipal authorities on Friday officially stated that cinemas must remain closed. The sudden resurgence of cases in Beijing indicates the possibility of a second wave of infections, and could lead to further lockdown and shutdown measures similar to those previously used to control the virus spread.

 

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