Chinese New Year is peak season in terms of movie releases in China. It accounts for a significant chunk in local and global box-office collections. With the recent cancellation of film releases in China due to the Wuhan virus outbreak, the global box office could see a massive decline in income, throwing early estimates for a stellar film year out the window. 

Chinese New Year is peak season in terms of movie releases in China. It accounts for a significant chunk in local and global box-office collections. With the recent cancellation of film releases in China due to the Wuhan virus outbreak, the<a href="https://deadline.com/2020/01/chinese-new-year-films-cancellation-impact-global-hollywood-box-office-analysis-1202838847/"> global box office could see a massive decline in income</a>, throwing early estimates for a stellar film year out the window.

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