The Coronavirus’ Effect on the Entertainment, Movie, Publishing & Media Industry, Business and Industry Trends Analysis

The Coronavirus pandemic of 2020 had a devastating effect on parts of the entertainment and media industry—specifically those that require in-person attendance.  At the same time, it caused remote, streaming viewing of entertainment and content of all types to soar. Movie theaters around the world went dark for months on end, with the exception of drive-in theaters, which saw a marked upswing as films, church services and even weddings were projected onto big screens (in parking lots as well as at existing drive-ins).  Many theaters are facing massive financial losses, bankruptcy or permanent closure.  AMC Entertainment, Inc. announced in a…

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