Chinese cinemas fret over muted reopening

posted in: All News, UK | 0

Operators say restrictions mean they will struggle ‘to make ends meet’ as audiences make cautious return.

Chinese cinema operators have said restrictions to prevent the spread Covid-19 as the industry reopens after six months of closure and heavy losses mean they will struggle to survive. Movie theatres reported Rmb3.3m ($472,200) in box office takings on Monday following Beijing’s announcement last week that the industry could reopen in “low risk” areas. China’s cinemas earned an average of Rmb174m a day last year, according to Wind, a financial data provider.

 

source:https://www.ft.com/content/39cf13a9-81e0-4057-a293-ef7adca24a0e