film industry is struggling to recover from the effects of COVID and related problems, a local report has warned., local production, co-production with mainland China and film investment.
The organizations note that box office takings were 66% lower than the $134 million registered in the first six months of 2019, the most recent pre-COVID year. “Film production staff have been infected and cannot shoot. Actors and production teams in Hong Kong and [mainland] China are affected by 14 conditions, such as quarantine, which have affected the progress of works and discouraged investors, resulting in a sharp drop in production since 2021,” the report says.
Source: News Formal (newsformal.com)
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