Popular TV series including "Stranger Things,""Grey's Anatomy," and "The Morning Show" have halted production due to the outbreak of the novel coronavirus (COVID-19). Over 100 American TV productions have suspended filming so far, according to a Beijing News report.
The entertainment industry has been forced to delay or suspend production over the COVID-19 pandemic.
Blockbusters like "Mulan," "No Time to Die," and "Fast & Furious 9" have pushed back their premieres, and most theaters are currently closed since public gatherings are being discouraged or avoided, including cinema-going.
Traditional TV stations halted more productions than streaming platforms – the American Broadcasting Company(ABC) has suspended over 20 TV series.
Disney delays the release of movie "Mulan." /VCG
On the other hand, an increasing number of people are staying home and watching TV shows, which could be seen as a chance for streaming platforms like Netflix.
"The impact of the COVID-19 has and will continue to take a toll on the global economy until it is contained. But not all markets are equally impacted, and the cloud services and content markets are a prime example," said Michael Inouye, Principal Analyst at ABI Research.
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