What Hollywood Reporter has noted in its latest report is quite scary.  The numbers speak for themselves about the disastrous economic consequences of Coronavirus for Hollywood.  

"As it stands now, the global box office has already taken a coronavirus hit of at least $7 billion. If the remainder of March, April and May are included, lost revenue would climb another $10 billion, making a total loss of approximately $17 billion. And if the crisis continues beyond May, all bets are off," the report says.  

As per some credible estimates, the James Bond movie 'No Time to Die', which has been postponed to November, will likely cost $30 million to $50 million!  The postponement of 'A Quiet Place II' is going to cost something like $10 million.  Other biggies, like 'Fast And Furious 9', too, are going to suffer monetary losses.  

"That’s to say nothing about the number of big-budget films that have seen production interrupted," Hollywood Reporter adds.  This might result in an estimated loss of more than three billion.  

The Indian film industry, too, is staring at huge losses.