There appears to be light at the end of the tunnel for the movie industry, which was ravaged by the coronavirus pandemic. After a record year in 2019, box office sales globally plummeted 71% last year as movie theaters struggled with pandemic-induced shutdowns and capacity restrictions, according to Comscore.
IMAX CEO Richard Gelfond told Yahoo Finance Live that with the COVID-19 vaccine rollout, he’s hopeful the movie industry will bounce back by the summer.
“There’s a lot of terrific…
Source link
