JRT
Retired account, feel I've gotten too hostile
- Joined
- Jun 28, 2019
- Messages
- 421
- Reaction score
- 849
I figured we should have a thread about this, since I think a lot of things have been affected and I'm curious to know what people's opinions are and what they predict.
I'm a little curious as to the next steps for the Entertainment Industry, specifically the media aspects (as I'm posting in this section). There's been arguments here in the past about the entertainment industry company making wrong decisions based on plot and if they'd suffer for it, but any of those opinions are a far cry from the actual situation of COVID-19 shutting things down completely.
I guess I am first wondering about the future of movies. Regal has closed down, and AMC has stated they may be forced into bankruptcy because they will run out of cash by the end of the year/early next year. There's a chicken-egg scenario going on where the studios don't want to release stuff until they can guarantee seats for ROI purposes, but the movie theaters can't fill seats with reruns. Just recently announced, Pixar's SOUL is coming to Disney+ (regular, not premium) and Coming 2 America is now being transferred to Amazon. If the economic shock happens to the theaters, how will Hollywood adapt? I assume they will embrace streaming, but it could end up affecting the product.
This is also affecting streaming -- several series that were greenlighted or expecting another season have been cut short. (https://www.hollywoodreporter.com/live-feed/making-sense-of-tvs-wave-of-un-renewals) New seasons of shows have been delayed, etc. While we have a lot of choices remaining, I do wonder what will happen to some of these series. Layoffs have affected Hollywood this year, folks like Disney and Warner have cut back.
It does affect our hobbyists as well -- the shocks affects the comic industry (which in terms of the "superheroes" isn't very healthy) by cutting back product. No conventions for anybody this year--a few virtual events came from SDCC and NYCC. Small events like GaryCon and large events like Origins and GenCon all cancelled. Not to mention all the live events that have suffered--sports, concerts, etc.
The one area I think that isn't affected is Video Games really.
So, what do people think will be the next effects from this. Will the studios consider buying on investing to save a theater chain? Will we have more reality shows as expensive scripted TV becomes costly? Will the streaming revolution really turn into first exhibit of major releases due to this pandemic?
And how has it affected you personally. For me, the big disappointment is not getting to a movie or concert this year, as well as missing my local comic convention (Terrificon). I look forward to some of the big blockbuster movies, as well as seeing a few live events per year.
I'm a little curious as to the next steps for the Entertainment Industry, specifically the media aspects (as I'm posting in this section). There's been arguments here in the past about the entertainment industry company making wrong decisions based on plot and if they'd suffer for it, but any of those opinions are a far cry from the actual situation of COVID-19 shutting things down completely.
I guess I am first wondering about the future of movies. Regal has closed down, and AMC has stated they may be forced into bankruptcy because they will run out of cash by the end of the year/early next year. There's a chicken-egg scenario going on where the studios don't want to release stuff until they can guarantee seats for ROI purposes, but the movie theaters can't fill seats with reruns. Just recently announced, Pixar's SOUL is coming to Disney+ (regular, not premium) and Coming 2 America is now being transferred to Amazon. If the economic shock happens to the theaters, how will Hollywood adapt? I assume they will embrace streaming, but it could end up affecting the product.
This is also affecting streaming -- several series that were greenlighted or expecting another season have been cut short. (https://www.hollywoodreporter.com/live-feed/making-sense-of-tvs-wave-of-un-renewals) New seasons of shows have been delayed, etc. While we have a lot of choices remaining, I do wonder what will happen to some of these series. Layoffs have affected Hollywood this year, folks like Disney and Warner have cut back.
It does affect our hobbyists as well -- the shocks affects the comic industry (which in terms of the "superheroes" isn't very healthy) by cutting back product. No conventions for anybody this year--a few virtual events came from SDCC and NYCC. Small events like GaryCon and large events like Origins and GenCon all cancelled. Not to mention all the live events that have suffered--sports, concerts, etc.
The one area I think that isn't affected is Video Games really.
So, what do people think will be the next effects from this. Will the studios consider buying on investing to save a theater chain? Will we have more reality shows as expensive scripted TV becomes costly? Will the streaming revolution really turn into first exhibit of major releases due to this pandemic?
And how has it affected you personally. For me, the big disappointment is not getting to a movie or concert this year, as well as missing my local comic convention (Terrificon). I look forward to some of the big blockbuster movies, as well as seeing a few live events per year.