The release of the new film about James Bond “Do not dying” (no time to die) provoked the growth of the second largest cinema network in the world of CineWorld, reports Bloomberg.
On Tuesday, October 28, the world premiere of the picture “No time to die” (no time to die) with Daniel Craig in the lead role. The spy fighter saved the company: stocks rose due to the expectation of large cash collections from the film. It is waiting for the highest increase in the month from February 2021, indicates the agency.
According to the senior analytics in the company Hargreaves Lansdown Susanna Streter, one film about Bond will not return the company to a daxamine level, but the upcoming premieres of a number of blockbusters can contribute to this. The output of the film “Not Time to die” was scheduled for April 2020. From the moment he was postponed several times. His delay along with the transfer of the prime minister of other blocbuster films questioned the ability of the film industry to survive a pandemic.
However, everything has changed after the release of the film “Shan-Chi and Legend of Ten Rings” (Shang-Chi and the Legend of the Ten Rings), which gathered a record 94.7 million dollars in US and Canada cinemas in four days off, timed For the day of Labor.
In 2020, due to the coronavirus pandemic, Cineworld suspended the work of hundreds of cinemas in the United States and the UK, which is why the company’s shares collapsed by 60 percent. At the moment, the CineWorld’s market capitalization is 1.1 billion pounds (1.5 billion dollars), which is much lower than the peak level of 4.4 billion pounds (5.9 billion dollars) in 2018.