With the new Bond movie delayed until October, it’s more bad news for theaters

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The premiere of the new James Bond film “No Time to Die” has been delayed for the third time due to the COVID-19 pandemic, which has been a new blow for cinemas that have been forced to close their doors during months due to closures. Daniel Craig will make his last outing as Secret Service Agent 007 on October 8, according to James Bond’s official TWTR Twitter account, -1.01%.

The film, from MGM and Comcast’s CMCSA, + ​​0.51% Universal Pictures, was originally scheduled for release in April 2020, but was delayed until November before moving to April 2021 as it became clear that theaters would not open soon. . “No Time to Die” joins many other postponements of big-budget Hollywood debuts as box offices seek to protect their profits amid the pandemic, which has hit major networks, including AMC Entertainment AMC, hard + 0.34%, Cineworld CINE, – 4.24% and Cinemark Holdings CNK, -3.48%. Read: Regal’s owner, Cineworld, will shut down all screens in cinemas, putting 45,000 jobs at risk. Sony SNE -0.33% revealed on Friday that it is delaying some of its films that had already been delayed, such as “Peter Rabbit 2: The Runaway” and “Ghostbusters: Afterlife”, which has been moved from June to November. “Cinderella,” starring singer Camila Cabello, will now hit movie theaters in July. And Warner Bros., the world’s second-largest film studio, announced earlier this month that it was moving the release of “The Sopranos” prequel “Many Saints Of Newark” from March 12 to September 24, as major swaths of the United States remain locked up. Read: Why Cinema Will Survive The Coronavirus Pandemic Earlier this week, leading filmmakers, including Bond producer Barbara Broccoli, Danny Boyle and Steve McQueen, wrote to the UK government, calling for more financial support for the large chains of cinemas that have been reeling during the pandemic. UK cinema is on the brink of an abyss. We urgently need specific financial support to ensure that future generations can enjoy the magic of cinema, ”the letter said. Read: Do you want to be a Hollywood gamer? Covid and streaming have changed all the rules Some Hollywood studios such as Walt Disney DIS, -1.36% have made the decision to avoid theatrical premieres and go directly to streaming. Pixar’s release of “Soul” and Disney’s live-action remake of “Mulan” premiered last year on the Disney + streaming service for approximately $ 30. Warner Bros., owned by AT & T’s WarnerMedia T, -0.45%, announced in December 2020 that it would stream all 17 movies scheduled for release in 2021, including “Matrix 4” and “Dune”, on its HBO Max service at the same time. time they hit theaters. “After considering all the available options and the projected state of film screenings throughout 2021, we concluded that this was the best way for WarnerMedia’s film business to navigate the next 12 months,” he said. the company in a statement at the time.