Dont Tell NetflixDont Tell Netflix

By George Robbins

This past year has been a horrific one for a number of reasons because of the pandemic and its affect on the economic marketplace as well as the general population. There has been pain going around in just about every circle that has affected the way that business has been forced to be handled as of late because of the rules and regulations in place. When the pandemic first started, we saw an incredible number of businesses shut down because they had to for the sake of shutting out new virus cases. The rate of new infections at the start of the pandemic was incredible to no one’s surprise because it was allowed to run rampant with no regulation in place. This is why almost all forms of business were shut down for awhile to make up for the time lost where they couldn’t prevent more people from getting infected.

What would end up following all of this is a few months where businesses were just completely shut down and there was very little business transpiring in the world for the most part. Only businesses which were considered essential were actually allowed to have their doors open to the public once they were past the initial quarantine period. These businesses were the ones like grocery stores and other main supply stores which gave people the opportunity to go and get their regular necessities. The main thing to take away from this was the fact that many other businesses were deemed non-essential in the end and therefore could not stay open during the beginning of the pandemic. This ultimately resulted in businesses starting to lose money very quickly as time went on resulting in them nit having any way to keep up with the economy.

The economy took a very quick and deep downward spiral which resulted in a lot of different businesses losing out on potential revenue due to the state of everything. There was no way of people being able to get revenue for their businesses because there were rules and regulations that had to be put into place before things could turn out for them in the end. They needed to have those rules and regulations to keep people from gathering unnecessarily and further spreading the virus in a time where the pandemic was in full swing. Eventually these rules and regs came out and people were finally given an opportunity to reopen and/or go back out to the public places they liked to visit. Unfortunately every business was not really treated equal and this resulted in some losing out on a lot of business even after they managed to reopen to the public.

One of the biggest businesses to be hit by this type of treatment and lack of patrons was the movie theater industry which had been suffering for a large majority of the year. When the pandemic began and theaters were forced to shut down, they immediately started feeling the affects of the shut down because all films that released before the pandemic began immediately left theaters and went to digital. Those films that were meant to have released soon after that period of time were delayed until further notice and this is still very much on-going for many movies that haven’t released yet. Most films that have yet to release onto the market are actually films which were supposed to drop earlier this year, but they unfortunately could not because the studios did not want to take the risk. This is fair, but it is easily resulting in changes that are overtaking the industry as a whole.

The biggest changes currently being made to the industry involve the fact that movie releases seem like they will be handled in a very unique way moving forward that we haven’t really seen before. Many movies are going to be releasing in theaters, but after just a few weeks they will be releasing digitally which is a landmark deal as they usually took months to release after they initially premiered in theaters. Warner Bros. is now taking this a step further because they are doing something which is now considered highly controversial by releasing all of their films over the next year on both HBO Max and in theaters. This has angered a lot of people in the industry, namely the actors and directors who are not being compensated for the change. In doing this, they are also apparently taking a huge risk as they are bound to lose money at the box office in the end, but the overall cost of this loss is projected to be over $1.2 billion at the box office. They are hopeful this will not happen, but we have an entire year to observe and see if this will end up happening in the end but it will take awhile to see these results.