Covering Coronavirus: Risk Considerations Volume 2, Issue 1
… simultaneously released to theaters and streaming service HBO Max. With movie theaters still shuttered in New York and Los Angeles, attendance was down 92 percent at AMC theaters in October and November. If that trend doesn’t turn around, the movie company would need over $750 million to keep its locations open. A look back at 2020 reveals an ever darkening trend for the entertainment and live events industry. Early on, the pandemic halted movie and TV productions entirely and forced the cancellation of concerts and other live events. Media stocks plummeted and many people lost their jobs. While the …
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