Box offices raked in just $5,000 in the last week of March — the lowest ticket sales total in history — as Americans shun theaters to tune into streaming services at home.
“The outlook is grim for the movie industry at the moment, with cinema closures and postponed movie releases causing seismic shifts in the movie calendar. Now we know the box office impact of those measures to help stem the spread of the coronavirus,” CNET reports, based on numbers compiled by Box Office Mojo and a handful of Reddit users who keep track of movie industry cash flow.
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