New James Bond movie delayed, crushing hopes for 2020 cinema rebound

Company Reporter

The brand new James Bond film, “No Time To Die,” on Friday grew to become the most recent blockbuster to be pushed into subsequent 12 months because the film trade struggles to get again to enterprise amid the coronavirus pandemic.

Bond’s exit leaves “Surprise Girl 1984,” presently set to debut in December on Christmas Day, as one of many few large motion pictures nonetheless on the 2020 slate.

Different big-budget flicks, together with Marvel’s “Black Widow” and a “Prime Gun” sequel, even have been delayed till subsequent 12 months.

“No Time to Die,” from MGM and Comcast Corp’s Common Footage, initially was set to hit the massive display screen in April 2020 earlier than being delayed till November.

The brand new date is April 2, 2021. A “Quick & Livid” sequel scheduled for that date was moved to Might 28.

The film studios and producers Michael G. Wilson and Barbara Broccoli stated the Bond movie was delayed “to be able to be seen by a worldwide theatrical viewers.”

“We perceive the delay might be disappointing to our followers however we now look ahead to sharing ‘No Time To Die’ subsequent 12 months,” they stated on the official James Bond Twitter account.

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The choice follows disappointing efforts to get Individuals again into multiplexes after the pandemic shuttered cinemas worldwide in March.

Whereas AMC Leisure, Cineworld Plc, and others have reopened many areas, crowds have been skinny, and theatres within the main markets of New York and Los Angeles stay shut.

“Studios are having to repeatedly confront the laborious information of a really difficult market,” stated Comscore senior media analyst Paul Dergarabedian.

However he added that the Bond delay confirmed that producers consider theatres have been the “most popular vacation spot” for the movie.

Some motion pictures have skipped theatres and headed straight to streaming providers.

The Bond franchise is without doubt one of the film world’s most profitable, with 2015’s “Spectre” raking in $880 million on the field workplace worldwide, whereas “Skyfall” in 2012 grossed greater than $1 billion globally.

“No Time to Die,” which value an estimated $200 million to supply, marks actor Daniel Craig’s final outing as agent 007.

(Reuters/NAN)