AMC To Reopen Movie Theaters Across Country, Starting In New York

AMC Theatres plans to reopen hundreds of theaters across the US, starting with New York. Governor Cuomo's guidance limits capacity to 25% or 50 people per viewing. The entertainment industry has suffered due to pandemic restrictions. AMC CEO Adam Aaron notes that reopening is crucial for the industry, as movie companies are hesitant to release blockbusters without larger markets. AMC aims to reopen 530 of its 600 US cinemas by month's end, with hopes that Warner Brothers will release 'Wonder Woman 1984' on schedule for Christmas.

Why are movie companies hesitant to release large blockbusters?

What is considered essential for the theatrical industry and the entire entertainment ecosystem?