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Home » Hobbies & Entertainment » The Impact of Pandemic on the US Entertainment Industry
Hobbies & Entertainment

The Impact of Pandemic on the US Entertainment Industry

Leslie AlexanderBy Leslie AlexanderDecember 14, 2020No Comments4 Mins Read
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The Impact Of Pandemic On The Us Entertainment Industry

After the pandemic broke in March, it seemed like the entire world stopped for a brief moment. However, that moment turned into weeks and weeks into months. We had to find what’s called a “new normal” and live by those rules.

But this “new normal” changed the way many industries operate. A lot of them had to adapt, and the process was costly and even resulted in many people losing their jobs. One of the industries that were heavily affected by the pandemic in the US was the entertainment industry.

After all forms of the social gathering were prohibited, it hit all the main points of the entertainment industry. A part of the industry found alternative solutions while others are still adjusting and looking for other options.

Movie Industry

The Internet technology of the modern age has made watching movies more accessible than ever before. However, the profit that the movie industry makes from cinema is without any comparison. The pandemic forced all cinemas to close. This has put gigantic blockbusters like the latest James Bond and many others on hold. After it was obvious that the situation won’t get significantly better any time soon, people from the movie industry found some relief on the streaming platform like Netflix, HBO, Disney+, and others.

Some were able to shift their premiers to these platforms, but a great number of movies are still awaiting a release date.

The Impact Of Pandemic On The Us Entertainment Industry
Image source: Pixabay

Gambling Industry

The gambling industry suffered some major blows during the pandemic but managed to recuperate quickly with the help of online sports betting and gambling. In the era of Internet technology, it was easy for many people, and especially students, to switch to online versions of their favorite games. Enjoying 10 pounds deposit casinos on their laptops or mobile devices has become their go-to activity when they are taking a break from college lectures and need to relax and unwind. However, some land-based venues still remain closed, and most providers are profiting from their online offer.

Amusement Parks

And while the movie and the gambling industry, found some ways to profit during the pandemic, not all sectors had been that lucky. Unfortunately, amusements parks suffered the most over the pandemic, since the way they operate is mostly defined by the physical presence of the visitors.

People have been enjoying “crazy rides” for some time now via their virtual reality equipment but it simply isn’t the same. The only way to maintain social distancing and still be able to open shop, some amusement parks needed to limit the number of visitors, which also resulted in poor financial reports.

Music Industry

Even though the pandemic couldn’t actually prevent people from the music industry to make new songs and music, it did sever their income significantly. Due to the preventive measures that included social distancing, all concerts were canceled, even the open-air ones. This was a terrible blow for the musical industry, and especially for local bends, that are not as wealthy and popular as pop stars.

In every industry, there are those who are its most famous representatives. These people are usually financially secured and were able to handle the pandemic crisis without much disturbance. But, there are also other members of the same industry who weren’t that lucky. Small and local bends, who earn their living by performing on celebratory events like weddings and birthdays have been in a financial crisis since the spring.

Theatre

Even though the problem of theatre can be compared with the one that the movie industry was going through, it certainly isn’t the same. Whereas the movie industry offers streaming platforms, which are already extremely popular, the theatre didn’t have that option. Although some theatres agreed to stream their old performances via their websites, it simply wasn’t the same for people who like to watch the play live.

Conclusion

The entertainment industry was impacted by the pandemic in different ways. Although some sectors found a solution that would keep them alive financially others who depended on the physical presence of the audience and visitors suffered a stronger blow.

But in the end, the entire entertainment industry was saved by the ever-growing Internet technology and the infinite options it offers.

About the Author

Leslie Alexander is both Content Lead at Gamblizard and a research writer. Leslie started her career by writing essays for online publications, and along the way found her calling in writing about the iGaming industry. She likes to spend her free time with her pets and reading motivational books.


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Leslie Alexander

Leslie Alexander is both Content Lead at Gamblizard and a research writer. Leslie started her career by writing essays for online publications, and along the way found her calling in writing about the iGaming industry. She likes to spend her free time with her pets and reading motivational books.

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