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Coronavirus guts summer movie season

No major films scheduled to open until mid-July

By LINDSEY BAHR, Associated Press
Published: May 3, 2020, 6:05am
7 Photos
Scarlett Johansson in a scene from &quot;Black Widow.&quot; (Marvel Studios/Disney)
Scarlett Johansson in a scene from "Black Widow." (Marvel Studios/Disney) Photo Gallery

LOS ANGELES — The six-year fan campaign for a standalone Black Widow movie was paying off: at long last, a film would put Scarlett Johansson’s popular Avenger front and center. And, like many of Marvel’s biggest spectacles, it was set to open the weekend of May 1.

“Black Widow” was to kick off what promised to be a typically lucrative summer moviegoing season, which runs Memorial Day through Labor Day and generally accounts for $4 billion, nearly 40 percent of the yearly North American box office. And there was a lot more to look forward to: Tom Cruise’s return to one of his most iconic roles, a “Wonder Woman” sequel, original fare from Christopher Nolan and Wes Anderson and more. Then the unthinkable happened.

Now modern Hollywood is faced with a gutted summer season that at the very earliest will kick off months late — and even that is changing by the minute. On Monday, Judd Apatow’s Pete Davidson movie “The King of Staten Island” switched to a June 12 home video release, following in the path of Disney’s “Artemis Fowl,” out on Disney Plus June 12, and Warner Bros.’ “Scoob!” available May 15.

A few states are talking about allowing movie theaters to reopen soon — Texas as early as Friday. But no major blockbusters are set to open until mid-July. The first is Christopher Nolan’s thriller “Tenet,” a Warner Bros. film, which has ardently stood its ground on July 17. Shortly after, Disney plans to open “Mulan” on July 24, four months after its original date. And then comes “Wonder Woman 1984” on Aug. 14, two months later than planned. It’s something, but it’s still a shell of what summer 2020 at the movies was supposed to be.

“We’re down 50 percent right now,” said Comscore senior media analyst Paul Dergarabedian. “If theaters open in mid-July it’ll offset some of the really disastrous models. But it would be naive to think that we’re going to make up all that box office.”

Studios have depended on massive revenues from the summer months for decades, but in recent years discovered that movies can do blockbuster numbers in nearly any month.

That will be tested with Hollywood’s massively revamped schedule. Wes Anderson’s “The French Dispatch” will open on Oct. 16, “Black Widow” will get her day on Nov. 6 and “Top Gun: Maverick” is now set for Christmas time.

Some films abandoned 2020 entirely, including the “Fast and Furious” movie “F9,” the Dwayne Johnson, Emily Blunt adventure “Jungle Cruise,” and “Ghostbusters: Afterlife,” which all pushed to 2021.

It’s not as simple as just allowing venues to reopen. Theaters need new movies to show and the biggest on the horizon, “Tenet,” is still almost three months away.

“The movie theater industry is also a national one,” the National Association of Theatre Owners said in a statement. “Until the majority of markets in the U.S. are open, and major markets in particular, new wide release movies are unlikely to be available.”

The nation’s largest movie theater chain, AMC, which operates over 630 theaters in the U.S., said in a statement that in order to reopen they “need a line of sight into a regular schedule of new theatrical blockbusters that get people truly excited.”

AMC said it would open in the weeks ahead of blockbusters like “Tenet” and “Mulan” using “creative programming” of previously released films.

Eric Wold, a Wall Street analyst for B. Riley FBR, said there’s simply a lot of uncertainty right now around when theaters can open, what the guidelines will be and how moviegoers will respond.

“Do you open now and show ‘Jaws’ and ‘Harry Potter’ and older titles? Or are people going to say, ‘I can watch that at home’?” Wold said.

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