Paramount is canceling the theatrical release of all movies due to the outbreak of the coronavirus, in order to prevent people from gathering in large groups at movie theaters. The movie studio recently decided to release its new romantic comedy film, 'The Lovebirds,' on the Netflix platform instead of having a theatrical release.
The decision to suspend theatrical releases will help to stop the spread of the virus, additionally, many consumers are choosing to stay home, which means that standard theatrical releases could have been unsuccessful even if they were open.
Paramount's decision to release films on Netflix will also ensure that people can still watch the films they want. New releases on Netflix may also benefit from the number of people looking for content to consume while at home.
Image Credit: Paramount Pictures