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Gone With the Wind: Pandemic Threatens to Reduce Movie Theaters to Rubble

If your local movie theater succumbs to the coronavirus crisis, the coming attraction might be a bulldozer.

The theater industry was struggling before the pandemic with high fixed costs, mounting debt and stagnating attendance as in-home streaming options proliferated. But the lockdown has added to those pressures by halting incoming revenue for months and creating uncertainty over when, and if, customers will feel comfortable returning to cinemas.

Article source: https://www.wsj.com/articles/gone-with-the-wind-pandemic-threatens-to-reduce-movie-theaters-to-rubble-11590843601

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