Movie Theatres have been around for almost a 100 years. Most People are Maintaining Covid restrictions, which basically means that the entertainment industries that depend on large groups of gathering are getting in a big trouble. Movies like “Tenet” Directed by Christopher Nolan was meant to the be the Best Experience one can have in the a Movie Theatre, but because of the Covid Situation people are forced to stay at home.
With the rise of Social Media Platforms like Netflix, Amazon Prime, Hotstar, HBO, are all coming with High Quality Content. The Platforms had Doubled the revenue in just the 2nd quarter of the year 2020 which makes us wonder and doubt about the future of Movie Theatre. With People staying at home due to Covid 19, there is a huge rise in the home theatre Market.