Will Movie Theaters Become Popular Again?

In the midst of the COVID-19 outbreak, the state of Georgia has officially re-opened movie theaters to the public. Equity Research Analyst, Michael Pachter, explains how although theaters have re-opened, attendance may not normalize until the end of 2020. He discusses with Media Play News how although movie theaters are expected to fall 47.1% from 2019 to 2020,  box office numbers could increase 59.9% from 2020 to 2021.

For more comments from Michael Pachter, view the full article.