‘No Time to Die’ Sets Off Another Round of Big Movie Delays – When Will Box Office Recover?
MGM on Thursday announced what has been expected for weeks: The 25th James Bond film, “No Time to Die,” is moving again from April to October 2021. That kicked off a new wave of postponements of major Hollywood titles: Universal moved Tom Hanks film “Bios” from April to August; Sony delayed five of its upcoming films, including “Ghostbusters: Afterlife” and “Peter Rabbit 2;” and Disney pushed at least three films from its spring slate, including “The King’s Man.” For studios, the reality has set in that the coronavirus vaccine will not be rolled out quickly enough to reopen the roughly two-thirds of North American movie theaters that remain shuttered because of the pandemic. And that means holding off on unspooling any big titles to mostly dark theaters. “The news that there wasn’t a solid vaccination plan in place when the new administration arrived is just confirmation that spring was too optimistic a timeframe for releasing films again,” Boxoffice analyst Shawn Robbins said. “It’s just a matter of time before we see the rest of the April slate move,” he added, mentioning the John Krasinski sequel “A Quiet Place Part II” that Paramount still has slated for release on April 23....
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