Disney is spending $200 million to remake the live-action "Mulan", hoping to impress Chinese moviegoers. The cast is an all-Asian cast starring Liu Yifei, and Disney even deleted a kiss scene to please local audiences. However, as the impact of the new coronavirus intensifies, Disney originally announced that "Mulan" will be postponed indefinitely (by September, countries where the global epidemic has slowed down will be released to theaters, and North America will be streaming), and the epidemic will hit Disney.
China's box office ambitions, of course, are also Company banner design seriously affected. Cinemas and studios are expected to resume operations after Chinese authorities released guidelines on reopening movie theaters after a month-long shutdown. However, the local film industry in China has hardly moved, and most filmmakers are still waiting for the storm to dissipate and carefully evaluating what to do next.
MV5BMTk0ODU5MDMwNV5BMl5BanBnXkFtZTgwNjY4 Photo Credit: IMDb Since the Lunar New Year at the end of January, all screenings (including at least 12 Hollywood blockbusters) have been canceled, which used to be the most lucrative golden period for the Chinese film industry.
According to Fortune, the global box office lost $1 billion during the Lunar New Year period alone, and losses for the entire month of February could be two to three times larger than originally expected. Although Chinese officials have announced the resumption of work, it will take some time for the film industry to fully recover.