COVID-19 is a producers worst nightmare, sky-high budget with no return

Updated: Apr 21

Summary of How the coronavirus outbreak is roiling the film and entertainment industries published on, April 20, 2020.

The coronavirus has impacted the film and entertainment industries by lowering concert and film festival attendance as well as causing film production and release to be delayed, at times even canceled. These industries heavily rely on attendance as their main source of revenue.

Theater owners, filmmakers, and studios have to deal with the consequences and financial ramifications that come with a quarantined audience for months or potentially years to come.

Warner Bros. announced that Comic-Con and several upcoming movie releases (like The Batman) were canceled.

Major entertainment cancellations and postponements:

  • K-Pop concerts (like BTS) canceled a series of concerts that would have been held at Seoul’s Olympic Stadium

  • South by Southwest (the annual music, film, TV, and technology festival that serves as a financial powerhouse for the city) is canceled

  • Emerald City Comic Con delayed until "sometime this summer"

  • Cannes Film Festival (most prestigious film festival in the world) delayed "until late June or early July"

  • Coachella (largest annual music festival in the US) postponed to October 9-11 and October 16-18

  • Electronics Entertainment Expo (E3) canceled

  • The NBA suspended basketball games "until further notice"

  • 2020 Tokyo Olympics delayed "possibly until 2021"

Major film cancellations and postponements:

  • Warner Bros. changed release plans for The Batman, The Many Saints of Newark, a prequel to The Sopranos, King Richard, and an untitled Elvis movie.

  • Pixar’s latest film Soul is now being released on November 20, 2020

  • Disney pushes back releases for Mulan, Jungle Cruise, an untitled India Jones film, The New Mutants, Antlers, The Personal History of David Copperfield, and The Woman in the Window

  • Marvel (owned by Disney) pushed back release dates for Black Widow, Shang-Chi, Doctor Strange 2, Thor: Love and Thunder, Black Panther 2, and Captain Marvel 2

  • 20th Century Films and Searchlight Films (owned by Disney) pushed Free Guy and The French Dispatch

  • Sony delayed nearly all movies until 2021, including Peter Rabbit 2: The Runaway

  • Wonder Woman 1984 and In the Heights releases delayed

  • NBCUniversal releasing major films digitally

  • MGM canceled No Time to Die (James Bond) premiere

  • Paramount Pictures delayed Sonic the Hedgehog in China

  • John Krasinski’s A Quiet Place Part II is delayed

  • Universal Pictures is delaying Fast and Furious 9 by 11 months

Major TV show cancellations and postponements:

  • Late-night shows suspend production or tape without a studio audience

  • Jeopardy and Wheel of Fortune tape without a studio audience

Stars who have contracted the virus:

  • Tom Hanks and wife Rita Wilson

  • Idris Elba

  • Kristofer Hivju

  • Rachel Matthews

  • Charlotte Lawrence

  • Colton Underwood

  • Andy Cohen

  • YNW Melly

  • Sara Bareilles

  • P!nk

Athletes who have contracted the virus

  • Kevin Durant

  • Sean Payton

  • Rudy Gobert

  • Fernando Gaviria

Politicians who have contracted the virus

  • Boris Johnson

  • Prince Charles

  • Rand Paul

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Taylor Weyeneth is Editor-in-Chief at DC Intervention, is the former deputy chief of staff to the White House drug policy office and is the managing director of 20K Strategies, a political operations and public policy strategy firm. He is a thought leader for addiction, mental health, and workforce development.

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© 2020 by DC Intervention, a 20K Strategies affiliate.