Patrick Frater Asia Bureau ChiefWhile the North American box office pulls in less than $5 million per weekend due to COVID-19, the China and Japan markets are not only open, but also capable of breaking theatrical records.
It may feel logical to hurry more U.S. movies into Asian release, but when the real winners across the continent in 2020 have largely been local releases, studios and streamers will need to think long and hard about their strategy going forward.Certainly, earning even a lowball $10 million from a theatrical release in China appears to be an attractive option at a time when Europe and the North American domestic markets are currently so dysfunctional.
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