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Sony Delays Release of ‘Peter Rabbit 2’ Following James Bond Hold

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Sony Delays Release of ‘Peter Rabbit 2’ Following James Bond Hold

It has been an interesting last few weeks in the entertainment industry amidst the outbreak of the Coronavirus (COVID-19) that has since halted production on upcoming projects such as Disney+ and Marvel’s The Falcon and The Winter Soldier in Prague, Czech Republic and saw the announcement of from MGM, Eon, and Universal that the newest entry in the James Bond 007 series, No Time To Die, has delayed its release from April 2020 to November 2020. Potential announcements for future releases appear to be looming and have now affected the release date for Sony Pictures film, Peter Rabbit 2: The Runaway which will see it’s release shift from March 19th, 2020 to August 7th, 2020.

Daniel Craig as James Bond, No Time To Die (2020), MGM

Sony Pictures announced on Tuesday that amidst the fear and the effect the Coronavirus has played on not only the entertainment industry but the worldwide economy that delaying the release of the film, Peter Rabbit 2: The Runaway, would be in the best interest for the production company and their subsidiary, Columbia Pictures. Considering that theaters in China have been shut down and countries such as Italy and France are going to follow suit, it would be expected that announcements for major releases would focus on delays.

Peter Rabbit 2: The Runaway (2020), Columbia Pictures

2018’s Peter Rabbit grossed $115.3 million Domestically and $351.2 million internationally on a budget of around $50 million, considering the sequel is holding a budget at approximately the same as the original, it would be pivotal for Sony Pictures to move the release date if they are to expect a similar, or greater return than what was seen in 2018. Peter Rabbit 2: The Runaway’s biggest competitor as a result of the delay would be Orion Pictures Bill & Ted Face The Music which is expected to release the following weekend on August 20th, 2020.

Peter Rabbit 2: The Runaway stars James Cordon and Margot Robbie, and is Written and Directed by James Gluck, and is expected for release August 7th, 2020.

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