‘No Time to Die’ Delay Spells Disaster for Struggling Movie Theaters

Movie theaters were already teetering on the edge of financial disaster.

On Friday, exhibitors received news that could push them over the precipice after “No Time to Die,” the latest James Bond installment, made the decision to push its release from November into April, 2021.The move could set off a wave of theater closures as cinema owners assess whether they can keep the marquee lights on until “Wonder Woman 1984,” the next potential blockbuster slated for release this year, opens at Christmas.

It also shows that even the most potent film franchise (and few series equal 007 in terms of global reach) is no match for a coronavirus pandemic that has shattered the theatrical distribution landscape.Only a handful of movies have been released since cinemas shut down in March, and most of the films that were scheduled to open by the end of the year, a group that includes

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