HE to Rural Bumblefucks, Young Party Animals, Southerners, “Karens”, Mask-Refusing Righties: Thanks, guys!

Just-posted analysis from Cowen analyst Doug Creutz, a managing director and senior research analyst covering the media and entertainment sector since ’03:

“We had previously assumed that the spread of COVID-19 would be relatively halted, with social distancing requirements significantly lessened, by late 2020. We have now extended that timeline out to at least mid-2021; the situation remains very fluid, and we do not rule out the possibility that the impact could last even longer.”

“[We expect] no film releases in fiscal year 2020,” and that “domestic theaters [will] be largely closed until mid-2021, in part because we don’t think studios will be interested in releasing their largest movies into a capacity-constrained footprint.”

HE comment: Okay, so every awards-contender is going to be streamed….terrific.

Jordan Ruimy comment (backed up by below graph]: “What I don’t understand is that COVID deaths in the U.S. have gone down by 75% since April, so why all the bloody panic?”