Movie theaters hoped to be back in business in a big way this fall, attracting stir-crazy audiences with a slate of blockbusters that included “Tenet,” “Mulan,” and “No Time to Die.” For an industry that had been brought to its knees by the coronavirus pandemic, with closures that left them without revenues for much of the year, nothing was more important than a grand and successful reopening.
Unfortunately, more than a month after “Tenet” debuted to disappointing box office results, the exhibition sector is in an even more dire situation. “Mulan” opted to debut as a premium on-demand offering via Disney Plus. “No Time to Die” pushed its premiere back into April, and several other movies have postponed their releases into next spring or summer when, studios hope, a vaccine will be widely available. On Saturday, Cineworld, one of the world’s largest exhibitors, announced that it was considering closing its