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How coronavirus is impacting the entertainment industry - Oklahoman.com

How coronavirus is impacting the entertainment industry - Oklahoman.com

The city of Austin canceled South by Southwest last week, citing the risk of coronavirus spreading among the hundreds of thousands of attendees who flock to the event each year. Within days, the Coachella Valley of Music and Arts Festival was postponed from April to October at the direction of local health officials. The decisions represent some of the most significant hits on the entertainment industry since the virus began to spread worldwide.

"While this decision comes at a time of universal uncertainty," Coachella organizers wrote in a statement, "we take the safety and health of our guests, staff and community very seriously."

Major impacts on the industry date back to mid-January, when nearly all of China's cinemas shut down after the covid-19 strain began spreading in Wuhan, the capital of the country's Hubei province. Some moves, such as canceling SXSW and postponing the latest James Bond film's release by several months, have surprised the industry. The decision to not cancel or push back events has also caused rifts in some cases, such as the Association of Writers and Writing Programs Conference director resigning over its continuance.

Countless jobs will be affected by the virus, and financial reverberations for individuals, companies and economies will last months, at least.

Here is a reverse timeline of how the coronavirus outbreak has affected the industry.

March 12: Universal Studios postpones the release of "Fast and Furious 9" by a year.

Several studios have chosen to delay their spring releases, but "F9" is the first to be pushed to next year. The film, originally scheduled to hit theaters in May, will premiere in April 2021. "While we know there is disappointment in having to wait a little while longer, this move is made with the safety of everyone as our foremost consideration," read a statement on the franchise's Facebook page.

March 12: Late-night talk shows decide to forgo live audiences. CBS' "The Late Late Show with James Corden" and ABC's "Jimmy Kimmel Live," both of which tape in Los Angeles, announced that they would be taping without live studio audiences beginning March 16.

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2020-03-15 07:07:30Z
http://oklahoman.com/article/5657455/how-coronavirus-is-impacting-the-entertainment-industry
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