AMC Will Not Show Universal Films in Theaters

COVID-19 may have changed the nature of some businesses forever. Several film studios released movies straight to streaming, and now that theaters are about to reopen, some of them won't be going back.

NBCUniversal, which is owned by Comcast (NASDAQ: CMCSA), made the decision to release Trolls World Tour straight to streaming while theaters were closed because of the pandemic. Released in April as a rental for $19.99, the film took in over $100 million in three weeks, more than the original Trolls did in five months in theaters.

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Source Fool.com