The second, a family flick from Shenzhen-based studio Fantawild, is the seventh installment in a franchise that grosses over $735 million annually in merchandise sales. Its producers issued a statement reprinted in Variety:
In the 2020 lunar new year of the rat, as the whole country is fighting against the new virus, we do not wish to see our viewers take on any health risks because they came to see Boonie Bears: The Wild Life, and especially do not wish to possibly spread the virus any further. For the Boonie Bears, nothing is more important than the safety of your family and children!
Other casualties of the shutdown include live-action blockbusters Detective Chinatown 3, The Rescue, and Lost in Russia. The last film has been rescued by an unprecedented deal: its distributor will release it for free on media conglomerate Bytedance’s online streaming platforms. Bytedance owns the global social media app Tiktok, among many other products.
Of course, nobody knows when this public health crisis will end — widespread travel over the holiday is expected to exacerbate the crisis — but when it does, many of these distributors will be keen to finally release their films. This could squeeze other major titles due for release in the coming months, among them Dolittle and Disney’s Mulan remake. There is speculation that the authorities, which already impose quotas on foreign fare, could prioritize homegrown titles in case of a crowded schedule.
What’s more, the delays are having a knock-on effect on global roll-outs. According to regulations, Chinese-produced films must come out in China first. Some of the pulled titles were scheduled for overseas releases, which now have to be postponed.
China’s filmgoing market has swiftly grown in recent years to become the world’s second-biggest (after the U.S.). Last year, its box office took in 64.2 billion yuan ($9.3 billion). The country’s animation industry has experienced a boom, too: Ne Zha broke new ground by grossing over $700 million domestically. The South China Morning Post recently profiled the country’s animation industry.
This strain of coronavirus appears to have originated from a food market in the city of Wuhan, which is now on lockdown. It causes pneumonia and can be transmitted by humans. At the time of writing, the Chinese government has acknowledged 830 cases and 26 deaths, although health organizations estimate far higher tolls and warn that the virus is likely to spread globally.