The outbreak has wiped out box office, hobbled productions and affected industry conferences. Estimating the long term effects is proving impossible.
of herself wearing a face mask, writing, “I’ve already been in this movie.”
More broadly, concerns about the potential effect of coronavirus on business drove stocks down this week. Declines for the S&P 500, Dow Jones Industrial Average and Nasdaq continued Thursday after the Centers for Disease Control and Prevention The major studios, which have offices and employees in the affected areas, are in a holding pattern as they wait to see how the virus alters release schedules. China’s government strictly controls the timing of releases there. Some delayed movies could struggle if they’re released in bulk after the epidemic subsides, creating additional uncertainty. “There’s no playbook for this,” one studio insider said.
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