Sony Pictures Won't Release Any Major Movies In Theaters Until The COVID-19 Pandemic Is Over

Sony Pictures Won't Release Any Major Movies In Theaters Until The COVID-19 Pandemic Is Over

This could spell doom for the delayed Morbius and Venom: Let There Be Carnage as it's been confirmed by Sony Pictures that they won't release any major movies until COVID-19 is no longer an issue...

By JoshWilding - Sep 10, 2020 11:09 AM EST
Source: The Wrap

Sony Pictures wasted no time in sending Morbius and Venom: Let There Be Carnage into 2021 once it became clear that theaters would have to close as a result of the COVID-19 pandemic, but the studio has now shared a surprisingly bold statement. Sony Pictures Entertainment Chairman Tony Vinciquerra has confirmed that no major blockbusters will be released until the virus is gone.

"What we won’t do is make the mistake of putting a very, very expensive $200 million movie out in the market unless we’re sure that theaters are open and operating at significant capacity," he said, clearly conscious of the fact Tenet pretty much bombed in North American theaters last weekend.

"You’ll see a lot of strange things happen over the next six months in how films are released, how they’re scheduled, how they’re marketed, but once we get back to normal, we will have learned a lot I think and found ways to do things that are somewhat different and hopefully better," he added.

This is definitely troubling for anyone looking forward to the Marvel movies mentioned above because there's nothing to say we'll have a vaccine even by this time next year! Sony Pictures is fortunate enough not to have to rely solely on its big screen ventures, so the studio can afford to take its time (what this means for next December's Spider-Man 3 obviously remains to be seen). 

We'll keep you guys updated, but it could be a while before we know anything for sure. 

VENOM: THE LAST DANCE Looks Set For Trilogy's Biggest Opening; Could Tom Holland's SPIDER-MAN Appear?
Related:

VENOM: THE LAST DANCE Looks Set For Trilogy's Biggest Opening; Could Tom Holland's SPIDER-MAN Appear?

VENOM: THE LAST DANCE Rumored Plot Leak Claims To Reveal The Movie's Villains And Plans For...Peter Parker?!
Recommended For You:

VENOM: THE LAST DANCE Rumored Plot Leak Claims To Reveal The Movie's Villains And Plans For...Peter Parker?!

DISCLAIMER: ComicBookMovie.com is protected under the DMCA (Digital Millenium Copyright Act) and... [MORE]

ComicBookMovie.com, and/or the user who contributed this post, may earn commissions or revenue through clicks or purchases made through any third-party links contained within the content above.

1 2 3
THEDARKKNIGHT1939
THEDARKKNIGHT1939 - 9/10/2020, 11:28 AM
That's okay. In no rush to see any of their projects.
Reasonnnn
Reasonnnn - 9/10/2020, 11:28 AM
Good.

Movies at the end of the day, are just movies.

WeaponXCII
WeaponXCII - 9/10/2020, 11:35 AM
manofillintent1
manofillintent1 - 9/10/2020, 11:38 AM
GeneralZod
GeneralZod - 9/10/2020, 11:39 AM
Good decision.
bkmeijer2
bkmeijer2 - 9/10/2020, 11:40 AM
Was only looking forward to Spider-Verse 2, which isn't supposed to come out until october 2022. I only start worrying when WB or Disney is gonna do the same
Vision85
Vision85 - 9/10/2020, 11:48 AM
Wont be any cinemas left in business if you wait too long. Maybe they will buy them out and get that sweet monopoly going.
itzayaboy
itzayaboy - 9/10/2020, 11:52 AM
Ok now do this for the non animated spider verse Sony Universe of Marvel Characters. But permanently.
WakandaTech
WakandaTech - 9/10/2020, 11:57 AM
MCU release date prediction

2020
WandaVision- Dec 18

Black Widow- Feb 12
Falcon and the Winter Solider- March 26
Eternals- May 7
Loki- June 18
Shang-Chi:Legend of the Ten Rings- August 20
Ms. Marvel-Sept 24
Hawkeuye-Nov 5
Spiderman 3-Dec 17
Reeds2Much
Reeds2Much - 9/10/2020, 11:59 AM
People so busy crying about monopolies that they don't even realize they're being screwed even harder by an oligopoly.
JDL
JDL - 9/10/2020, 12:07 PM
@Reeds2Much - A few details would help here.
Reeds2Much
Reeds2Much - 9/10/2020, 12:30 PM
@JDL - An oligopoly is where a few business split and share a market and agree to keep competition to a minimum (if at all). Streaming services don't compete with each other. You want to watch The Boys, Doom Patrol, and Wandavision? As a consumer you no longer have a choice but to sign up to multiple services, since there is no other option. You can't threaten to take your money to someone else to get the same (or slightly different) product. Major tentpoles are strategically placed along the calendar so as to not cause too much interference between the studios.

At least with a monopoly you have governments, consumers, and even other businesses trying to take you down. Piracy is really the only threat that keeps the eventual price gouging that the major airlines and auto industry bask in.
JDL
JDL - 9/10/2020, 4:55 PM
@Reeds2Much - I see. Well I hate to break it to you but you used the word incorrectly. In order to qualify as an oligopoly the "goods" must be easy substitutes for one another. With streaming there is virtually no overlap of content and thus no easy substitutes. To do as you suggest you would have to see (quality aside) The Avengers as an easy substitute for The Justice League. Sorry. That dog won't hunt. Heck it won't even chase cars.
QuietStorm
QuietStorm - 9/10/2020, 12:13 PM
They saw those numbers for Tenet and said:
Hulkh8liars
Hulkh8liars - 9/10/2020, 12:17 PM
Sony won't release any "major" movies... Also water wet,earth round,sky blue. Finally some good news this year
WruceBayne
WruceBayne - 9/10/2020, 4:43 PM
@Hulkh8liars - earth... round...? Lol
GreedoSarducci
GreedoSarducci - 9/12/2020, 5:57 PM
@Hulkh8liars - silly sheeple person. The Earth is flat, covered by the firmament, space doesn't exist, we've never been to the Moon, Hillary Clinton is a satanic baby eater and Trump has never, ever lied. Oh, and WWE is 100% real, never been scripted.
1 2 3
View Recorder