The 25th James Bond film 'No Time To Die' has once again got a new release date. The official handle of James Bond films on Twitter shared the updated release date. 'No Time To Die' is now set to release on October 8.&nbsp; 
 
The film was earlier scheduled to release in April 2021. 'No Time To Die'has gone through several delays since last year due to the pandemic. The film was initially scheduled to release in April 2020 and was then pushed back to November 2020 which again changed.&nbsp; 
 
The change in release date is another setback for movie theaters across the world which are trying to rebuild a business crushed by the coronavirus pandemic.

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NO TIME TO DIE 8 October 2021 <a href="https://t.co/HZlNG5kz8t">pic.twitter.com/HZlNG5kz8t</a>
— James Bond (@007) <a href="https://twitter.com/007/status/1352416833815633922?ref_src=twsrc%5Etfw">January 22, 2021</a></blockquote>
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The film, which cost an estimated $200 million to produce, marks actor Daniel Craig`s last outing as agent 007. 
 
Cinema owners were hoping 'No Time to Die' would kick off a rebound in moviegoing. The pandemic devastated the film business in 2020, and ticket sales in the United States and Canada sunk 80%. That hurt independent theaters and big chains including AMC Entertainment, Cineworld Plc and Cinemark Holdings Inc. 
 
With the virus still rampant in many areas, including in the key Los Angeles market, Hollywood studios appear reluctant to send their biggest films to theaters. Many cinemas are closed, and ones that are open enforce strict attendance limits to allow for social distancing. 
 
The Bond franchise is one of the movie world`s most lucrative, with 2015`s 'Spectre' raking in $880 million at the box office worldwide, while 'Skyfall' in 2012 grossed more than $1 billion globally. 
 
The next closely watched movie is 'Black Widow' from Walt Disney Co`s Marvel Studios, currently scheduled to debut in theaters on May 7.

The 25th James Bond film 'No Time To Die' has once again got a new release date. The official handle of James Bond films on Twitter shared the updated release date.

The 25th James Bond film 'No Time To Die' has once again got a new release date. The official handle of James Bond films on Twitter shared the updated release date. 'No Time To Die' is now set to release on October 8. The film was earlier scheduled to release in April 2021. 'No Time To Die'has gone through several delays since last year due to the pandemic. The film was initially scheduled to release in April 2020 and was then pushed back to November 2020 which again changed. The change in release date is another setback for movie theaters across the world which are trying to rebuild a business crushed by the coronavirus pandemic. NO TIME TO DIE 8 October 2021 pic.twitter.com/HZlNG5kz8t — James Bond (@007) January 22, 2021 × The film, which cost an estimated $200 million to produce, marks actor Daniel Craig`s last outing as agent 007. Cinema owners were hoping 'No Time to Die' would kick off a rebound in moviegoing. The pandemic devastated the film business in 2020, and ticket sales in the United States and Canada sunk 80%. That hurt independent theaters and big chains including AMC Entertainment, Cineworld Plc and Cinemark Holdings Inc. With the virus still rampant in many areas, including in the key Los Angeles market, Hollywood studios appear reluctant to send their biggest films to theaters. Many cinemas are closed, and ones that are open enforce strict attendance limits to allow for social distancing. The Bond franchise is one of the movie world`s most lucrative, with 2015`s 'Spectre' raking in $880 million at the box office worldwide, while 'Skyfall' in 2012 grossed more than $1 billion globally. The next closely watched movie is 'Black Widow' from Walt Disney Co`s Marvel Studios, currently scheduled to debut in theaters on May 7.

James Bond film 'No Time To Die' pushed back once again

MGM, the studio behind James Bond franchise and the latest film 'No Time To Die' is likely to lose around $30 million to $50 million over the decision to delay the film’s release. 
 
The 25th James Bond film 'No Time To Die' was earlier scheduled to release worldwide in April but owing to the coronavirus outbreak, its release has been <a href="https://www.wionews.com/entertainment/james-bond-film-no-time-to-die-postponed-until-november-due-to-coronavirus-284350">pushed back to November.&nbsp;</a> 
 
According to a report on The Hollywood Reporter, the postponement will lead to MGM losing a big amount of money. Interestingly, the studio would have lost more money had they released the film in April. Trade pundits feel that the movie would have lost 30 perecnt of the box office grss earning had the film released in April.&nbsp; 
 
Experts have predicted that the film earns gross $1 billion worldwide, which means the movie would have lost around $300 million by hitting theatres on the original date. 
 
<a href="https://www.wionews.com/entertainment/no-time-to-time-to-die-writers-appeal-to-makers-to-postpone-the-release-of-james-bond-film-due-to-coronavirus-283980">Also Read: No Time&nbsp;To Die: Writers appeal to makers to postpone the release</a> 
 
The marketing campaigns reportedly cost more for the studio and commercial slots were costly due to the holiday season.&nbsp; 
 
Experts state that Coronavirus outbreak may get controlled with the advent of summers but may come back in the fall when the weather cools down again- which is when the film is set to release. If that happens that MGM may face a similar situation.&nbsp;<a href="https://www.wionews.com/world/who-confirms-mortality-rate-due-to-coronavirus-at-34-higher-than-previous-estimate-284263">Also Read: WHO confirms mortality rate due to coronavirus at 3.4%, higher than previous estimate</a> 
 
'No Time to Die' will be Daniel Craig‘s final outing as James Bond and it’s one of the most anticipated movies of the year.

MGM, the studio behind James Bond franchise and the latest film 'No Time To Die' is likely to lose around $30 million to $50 million over the decision to delay the film’s release.

MGM, the studio behind James Bond franchise and the latest film 'No Time To Die' is likely to lose around $30 million to $50 million over the decision to delay the film’s release. The 25th James Bond film 'No Time To Die' was earlier scheduled to release worldwide in April but owing to the coronavirus outbreak, its release has been pushed back to November. According to a report on The Hollywood Reporter, the postponement will lead to MGM losing a big amount of money. Interestingly, the studio would have lost more money had they released the film in April. Trade pundits feel that the movie would have lost 30 perecnt of the box office grss earning had the film released in April. Experts have predicted that the film earns gross $1 billion worldwide, which means the movie would have lost around $300 million by hitting theatres on the original date. Also Read: No Time To Die: Writers appeal to makers to postpone the release The marketing campaigns reportedly cost more for the studio and commercial slots were costly due to the holiday season. Experts state that Coronavirus outbreak may get controlled with the advent of summers but may come back in the fall when the weather cools down again- which is when the film is set to release. If that happens that MGM may face a similar situation. Also Read: WHO confirms mortality rate due to coronavirus at 3.4%, higher than previous estimate 'No Time to Die' will be Daniel Craig‘s final outing as James Bond and it’s one of the most anticipated movies of the year.

'No Time To Die' deferred release to cost a huge amount for its makers 

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James Bond film 'No Time To Die' pushed back once again

'No Time To Die' deferred release to cost a huge amount for its makers