Expect a mix of lower financials across the board due to the novel coronavirus pandemic and signs of slow improvements in the hard-hit TV advertisingbusiness when Hollywood giants report their latest quarterly earnings starting on Thursday.
First-quarter results took a hit in March from the pandemic. But the second quarter kicked off with the virus crisis in full swing, meaning the latest earnings reports will include a full three months of the virus crisis.
Cinemas in the U.S. and other major markets mostly remained closed from April through June, and most original content productions stayed shuttered, while some sports events have returned, such as NASCAR, the PGA Tour and European soccer.