According to USA Today, three high-profile films are still on the calendar for this summer: Christopher Nolan's thriller "Tenet" coming out July 17, Disney's live-action "Mulan" premiering July 24, and "Wonder Woman 1984," which comes out August 14.
However, summer releases will heavily depend on whether major cities like Los Angeles or New York City will allow it considering social distancing and public health restrictions.
"You can either wait for New York or LA to open, which constitute upwards of 25% of a movie's gross, on average domestically, or you can go the village roadshow route and hope the film performs in states where local governments allow theaters to be open," Jeff Bock, senior box-office analyst at Exhibitor Relations, told Business Insider.
"It's a lot of money to commit to upfront not knowing if audiences are going to show, or if there's enough consumer confidence to get people out of their boxes at home and into the theatrical boxes."
Bock also explains that adult-leaning movies like "Tenet" may go to theaters as viewers would be "old enough to make their own decisions," but that it's still a major risk for the studios to launch any big films with only theatrical releases given the current climate.