NEW YORK/SHANGHAI -- China is cautiously reopening movie theaters after months of lockdowns aimed at combating the coronavirus outbreak, but a full recovery from the pandemic is likely months away and the long-term damage to the film industry -- both financial and creative -- could last far longer.
China's box office was projected to become the largest movie market in the world this year. But the coronavirus outbreak, which not only closed theaters but also disrupted filming, has put over 13,000 Chinese film and television companies out of business, according to Chinese state media CGTN.