With ‘Tenet’ and ‘Mulan,’ Are Studios Taking a Hit for the Dream? (Column)

For a while, the question of when movie theaters would re-open was defined by a capitalist conundrum that no one wanted to talk about much, because its implications were too depressing.

It went like this: Hollywood movies are staggeringly expensive.

To have any hope of success, they need to open on a vast number of screens — not just in America, but worldwide.

If they open on only a fraction of that number of screens, they’ll have no chance of recouping their budgets, let alone of making a profit.

So until those screens (not some of them but all of them) are up and running, the idea of opening a major Hollywood movie in the midst of the coronavirus would be tantamount to consigning it to failure.That’s why the studios, in their first wave of response to the pandemic, bumped so many of their new releases, from “Fast 9” to “No Time to Die,

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