For all we talk about movies being works of art, movies are also very much a business that is looking to make money, and lots of it. So it really isn’t much of a surprise that studios are getting nervous that fears over coronavirus might affect box office gains. Some studios might be looking for ways to make sure their profits are protected. For that reason, the new James Bond movie, No Time to Die, have decided to push back from their April 2/April 10 premiere to November 25, 2020.
“MGM, Universal and Bond producers, Michael G Wilson and Barbara Broccoli, announced today that after careful consideration and thorough evaluation of the global theatrical marketplace, the release of No Time to Die will be postponed until November 2020. The film will be released in the U.K. on November 12, 2020 with worldwide release dates to follow, including the U.S. launch on November 25, 2020,” said a statement given exclusively to Deadline by the three studios.
The Chinese box office has taken a big hit due to the disease’s spread, so it makes sense that for a major blockbuster release, they would be antsy about recouping their budget. Thus far, no other major releases have been delay but it may just be a matter of time before more studios start getting the same idea.
Currently, No Time to Die is set to premiere in theaters on November 25, 2020.