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U.S. entertainment industry reels from industry-wide impact of COVID-19

March 22, 2020 / Julia Pierrepont
SHARESHARESHARE

The COVID-19 pandemic is delivering blow after blow to the beleaguered U.S. entertainment industry, as movie releases, film and TV shoots are being postponed or canceled across the country and internationally.Most of the entertainment giants, like Comcast, Walt Disney Company, AT&T, and ViacomCBS, are vertically integrated with a finger in many pies, including film and television production and distribution, radio, theme parks, music concerts, Broadway theater, museums and cultural institutions, and more.So industry conglomerates are taking hits across the board as their productions go dark, their theme park divisions are no longer the happiest places on earth, Broadway theater properties take a bow, sound stages and recording facilities shutter, and even their manufacturing enterprises go idle - all in an effort to slow and prevent the rapid spread of the deadly COVID-19.