Box office revenue in North America suffered a steep 25 percent year-over-year decline — or a deficit of $600 million — in the first quarter of 2020 amid the far-reaching impact of the coronavirus pandemic
.
Domestic ticket sales turned in a combined $1.81 billion from Jan. 1 through March 19, the day when Comscore stopped reporting theater grosses. That compares to $2.41 billion for the first full three months of 2019, according to Comscore. No one is sure when theaters will reopen — earlier this week, AMC Theatres CEO Adam Aron suggested mid-June — or how long it will take for traffic to resume in earnest once that happens.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Olympics Have A New Start Date — Over A Year From NowThe 2020 Olympics have been postponed until summer 2021 to “safeguard” the health of athletes, and everyone involved in the games
Read more »
Nipsey Hussle’s Legacy Endures a Year After His DeathThe year since Nipsey Hussle was gunned down has not diminished the rapper’s legacy, but rather cemented it and continues to prove true his catchphrase, &34;The Marathon Continues.&34;
Read more »
Stock market live Monday: Dow rises nearly 700, J&J vaccine hope, oil 18-year low“We are going to have bankruptcies, and bankruptcies unfortunately destroy the capital structure completely,” Allianz’s Mohamed El-Erian said this morning. “It is a very selective game right now, rather than calling the all clear and going in for indices.”
Read more »
Airlines plan furloughs; Air New Zealand sees smaller carrier in a yearMajor global airlines projected layoffs, furloughs and capacity cuts over the next few months, with Air New Zealand on Tuesday warning it expected staffing levels to be 30% lower than it is now, due to the coronavirus pandemic.
Read more »