The movie business is breathing a provisional sigh of relief today after weekend box office numbers show "Godzilla vs. Kong" broke several pandemic-era records. But Hollywood still has reason to worry.
In its debut domestic weekend, the Warner Bros. film played on over 3,000 screens and raked in $32.2 million, both highs since lockdowns began. None of these figures would represent big wins in normal times, though this is hardly normal.
The Santa Monica-based movie-ticketing service Atom Tickets has pre-sold more tickets for "Godzilla vs. Kong" than any film since the start of lockdown.
Following a disastrous year for the box office, its performance could be a litmus test for Hollywood and the many theaters that teetered on the brink during the pandemic.
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Production in Hollywood dropped for the second month in a row in December and is expected to remain slow as coronavirus cases surge in Los Angeles.
Warner Bros. TV, Universal Television, Disney Television Studios, CBS Studios, Sony Pictures Television and other production studios have halted production until at least mid-January after FilmLA circulated a Christmas Eve alert from county health authorities strongly recommending production companies limit or pause activity through the end of the year.
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