Here's What Movie Theaters Are Losing Due to Coronavirus

In 2019, Walt Disney's (NYSE: DIS) Captain Marvel led the domestic box office in March to $962.7 million in overall ticket sales, up 8.5% from the previous year, according to data from Box Office Mojo. April was an even bigger month with the release of Avengers: Endgame, another Disney blockbuster, pushing sales to just over $1 billion for that month.

Those sales totals won't be equaled or even approached this March or April as customers self-isolate and practice social distancing to slow the spread of the novel coronavirus that causes COVID-19. A number of films simply won't be released during March and April (and maybe longer), while the ones that do will not perform up to the usual expectations.

Most people are simply not going to the movies. Image source: Getty Images.

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Source Fool.com