"We are less certain that studios will wait for the perfect date to release their films — as that perfect date may never arrive," says Eric Wold."And if studios are concerned around the health of their exhibitor partners, they may not choose to wait much longer."
He also argued that a gradual opening of cinemas, starting in markets where that is possible, could "bolster sentiment" amid investors. The analyst in his report highlighted that he has in recent months expressed "concerns around a state of flux for the second-half 2020 film release calendar and the inability of major exhibition chains to reopen theaters profitably without new film content."
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