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Hollywood faces financial crisis as studios delay summer blockbusters

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Hollywood faces financial crisis as studios delay summer blockbusters

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Hollywood faces financial crisis as studios delay summer blockbusters – CBS News


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The coronavirus pandemic is wreaking havoc in Hollywood, with most movie studios suspending production indefinitely. As studios repeatedly delay the release of summer blockbusters, the entertainment industry is facing its biggest financial crisis yet. Axios Media reporter Sara Fischer joins CBSN’s Elaine Quijano to break down the situation.

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