MGM is releasing the title in North America via United Artists Releasing, while Universal has international duties.
Relocating a tentpole and restarting a marketing campaign that was in full swing is a Herculean task but insiders say hundreds of millions of dollars hung in the balance decision of the ongoing cinema blackout in China and a downturn in moviegoing in markets where COVID-19 is a major issue, including South Korea, Italy and Japan. And there's concern that by early April, other markets could be impacted.
“MGM, Universal and Bond producers, Michael G Wilson and Barbara Broccoli, announced today that after careful consideration and thorough evaluation of the global theatrical marketplace, the release of No Time to Die will be postponed until November 2020," read a statement issued by the three parties.
In its new date, No Time to Die has the advantage of going out over the lucrative Thanksgiving holiday in North America (many previous Bond movies also opened in November). The other major 2020 Thanksgiving tentpole is Godzilla vs. Kong, which debuts domestically on Nov. 20.
Alongside Craig, No Time to Die will also star 007 returnees Lea Seydoux, Ben Whishaw, Naomie Harris, Ralph Fiennes and Christoph Waltz alongside franchise newcomers Rami Malek, Ana de Armas and Lashana Lynch.
As the coronavirus first began to spread, publicity tours for the movie in China, South Korea and Japan were canceled, and No Time To Die's release in Hong Kong was pushed back until April 30.
Earlier this week, MGM, Universal and Eon received an open letter from the biggest Bond fan blog MI6-HQ, calling on the companies to delay the launch and “put public health above marketing release schedules.”
Aside for the concerns over audience members, the letter said the ongoing coronavirus outbreak could seriously impact the film's box office, noting that the countries to have banned or restricted large public gatherings — including China, Italy, France, Switzerland, Japan, Hong Kong and South Korea — contributed some 38 percent of the total global earnings for the last Bond movie, 2015's Spectre.
https://news.google.com/__i/rss/rd/articles/CBMiZGh0dHBzOi8vd3d3LmhvbGx5d29vZHJlcG9ydGVyLmNvbS9oZWF0LXZpc2lvbi9ib25kLW1vdmllLW5vLXRpbWUtZGllLWRlbGF5ZWQtZHVlLWNvcm9uYXZpcnVzLTEyODIxNzDSAWhodHRwczovL3d3dy5ob2xseXdvb2RyZXBvcnRlci5jb20vYW1wL2hlYXQtdmlzaW9uL2JvbmQtbW92aWUtbm8tdGltZS1kaWUtZGVsYXllZC1kdWUtY29yb25hdmlydXMtMTI4MjE3MA?oc=5
2020-03-04 17:03:20Z
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