U.S. Retail Sales Plunge 16 Percent: Live Updates
James B. Stewart asks, is this, finally, the death knell for the theater?
If theaters are no longer the only places to watch hot new movies upon release, what is left to attract crowds? Big screens are nice, and there’s the debatable proposition that movies are more fun when watched with a crowd and the aroma of popcorn, but that’s not much of a business model.
Article source: https://www.nytimes.com/2020/05/15/business/stock-market-today-coronavirus.html