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Entertainment industry to take $160B hit from coronavirus, analyst says

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nypost.com

The global entertainment industry will take a $160 billion hit over the next five years as it slowly recovers from the coronavirus pandemic, according to a new report.

The outbreak has already whacked Hollywood studios,  which have been forced to delay the release of top grossing franchises and suspend productions of summer blockbusters under shelter-in-place orders, Ampere Analysis research director Guy Bisson said Thursday.

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