The James Bond movie & # 39; No Time to Die & # 39; delayed once more amid a pandemic

© Reuters. Shoppers walk past an advertisement for the upcoming James Bond film "NO TIME TO DIE", whose release has been delayed due to the coronavirus disease (COVID-19) pandemic at Christiana Mall in Newark

LOS ANGELES (Reuters) – The worldwide release of the James Bond film "No Time to Die" has been postponed from April to October, the producers said on Thursday. This was another setback for cinemas trying to rebuild a business destroyed by the coronavirus pandemic.

The film's new debut date is October 8th, according to an announcement on the James Bond website and Twitter feed.

"No Time to Die" by MGM and Comcast Corp (NASDAQ 🙂 & # 39; s Universal Pictures was originally scheduled to hit the silver screen in April 2020 before moving to November 2020 and then April 2021.

The film, which was estimated to cost an estimated $ 200 million to produce, marks actor Daniel Craig's final appearance as Agent 007.

The cinema owners hoped that "No Time to Die" would spark a boost in cinema attendance. The pandemic devastated the film business in 2020 and ticket sales in the US and Canada fell 80%. This has hurt independent theaters and big chains like AMC Entertainment (NYSE :), Cineworld Plc, and Cinemark Holdings (NYSE 🙂 Inc.

With the virus still rife in many areas, including the main Los Angeles market, Hollywood studios don't seem ready to send their biggest films to theaters. Many cinemas are closed, and those that are open enforce strict attendance limits to allow social distancing.

The Bond franchise is one of the most lucrative in the movie world. In 2015, "Specter" grossed 880 million US dollars at the box office worldwide, while "Skyfall" grossed more than 1 billion US dollars worldwide.

The next closely watched film is Walt's "Black Widow" Disney (NYSE 🙂 Co & # 39; s Marvel Studios, currently set to debut in theaters on May 7th.

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