It’s the billion-dollar question for Hollywood studios: Will audiences flock back to movie theaters once they reopen? Lionsgate studio head Joe Drake on Thursday told Wall Street analysts that while he’s confident moviegoers will return, the studio is being cautious in its plans to release films when theaters open their doors and will use data to inform its decisions. The studio also will keep an eye on the Warner Bros. release of “Tenet” in July. “We’re not naive about the environment we’re entering and that we’re in a very fluid situation. There are a lot of things that have to happen for audiences to feel safe and comfortable in theaters,” Drake said during Lionsgate’s quarterly conference call for investors. “From our perspective, you have to operate in a very flexible, agile way, and we’ve put a lot of plans in place to do...
- 5/22/2020
- by Trey Williams
- The Wrap
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