Disney has scheduled the sequel to "The Lion King: Mufasa" for release from July 5 to December 20, 2024, and has temporarily canceled two untitled films originally scheduled for release on July 25, 2025, and November 7, 2025.

Recently, Disney also announced that it will delay the release of the live-action Snow White film by one year to March 21, 2025, and Pixar Animation Studios' animated film Elio will also be pushed back to June 13, 2025.

In addition, Paramount's Mission: Impossible 8 has been delayed for nearly a year and is expected to be released on May 23, 2025. A Quiet Place and the untitled SpongeBob SquarePants film have been pushed back to June 28 and December 19, 2024, respectively, but If, starring Ryan Reynolds, will be released in North America a week earlier on May 17, 2024.

SONY has moved the release date of Venom 3 from July 14 to November 8, 2024, and started voice work on the animated trilogy Spider-Man: Beyond, which was originally scheduled for a March 2024 release, but has not yet set a specific release date for the delayed film. However, Warner expressed confidence that Tim Burton's horror fantasy Beetlejuice 2 would still be released as scheduled on September 6, 2024.

The reporter looked through the latest financial reports of Disney, Netflix, Warner Bros. Exploration, Paramount Universal four listed companies, found that in addition to Paramount Universal, Netflix, Warner Bros. Exploration sales expenses have declined to varying degrees, of which, Warner Bros. Exploration total operating costs decreased by 5.65% year-on-year, a decrease of about 20%. Disney, due to the adjustment of the business structure, the cost is not comparable for the time being.

Hollywood and streaming giants cut expenses and operating costs during the strike, which boosted their financial results but hurt upstream companies.

According to The Hollywood Reporter, some analysts estimate that Hollywood's California lost at least $6 billion in the months of shutdown. As a result, total production in the Los Angeles area has shrunk by more than 40%, and FilmLA reports that in the third quarter of this year, production of "scripted television" in the area was down nearly 99% from the same period last year, and film production was down 55%. The economic downturn has affected many businesses and families that rely on the development of the entertainment industry, and professional staff members such as prop artists and costume designers have gradually fallen into financial crisis due to the sudden decrease in workload.

In addition to the United States, the aftershocks of the Hollywood strike have also affected the film and television industry in other countries. According to the Hollywood Reporter, the British film and television industry has been paralyzed by a general strike, and staff have lost their jobs one after another.

Preliminary statistics from the State Film Fund Office show that on November 13, 2023, the annual box office of Chinese films exceeded 50 billion yuan, but in this 50 billion yuan, the box office of imported films was about 8.3 billion yuan, accounting for only 16.6%, the lowest in the last decade. According to Maoyan professional edition, as of November 23, among the top 20 films at the Chinese mainland's box office in 2023, only "Fast and Furious 10" and "Avatar: Water" released at the end of 2022 are two Hollywood films, but the box office has not exceeded 1 billion yuan.

"Because the two major unions have been on strike for several months, the filming and production of many movies and series have been stalled, so the release and broadcast time will be delayed." At present, most of the works that can still be seen in theaters and streaming media are previously completed, or are at the end of the overall process. But how long that inventory will last is in question. Especially before the Chinese New Year in 2024, Hollywood blockbusters are unlikely to pick up." Engaged in film production Jin Yan (pseudonym) said.