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Vicky Lee attends the European Premiere of Disney's "MULAN" in London. Photo: Ian Gavan/Getty Images for Disney

Major Hollywood studios are yanking expected blockbusters off of their debut schedules in fear that they will miss the movie-going crowds due to the global coronavirus outbreak.

Why it matters: The film industry is on pace to lose billions of dollars from movie markets around the world, according to analysts.

Driving the news: Disney said Thursday it's pulling "Mulan" off of its film schedule. It's also postponing "The New Mutants," an X-Men thriller, and "Antlers," a horror film.

  • The news comes just hours after Universal Pictures said it would move its anticipated hit "F9," the latest in the Fast and Furious series, from May 22, 2020, to April 2, 2021.

Be smart: 'Mulan" was expected to be one of Disney's highest-grossing hits of the year, especially in China, where its opening has been postponed indefinitely. Universal's Fast and Furious franchise tends to make most of its money internationally.

  • Many theaters are closed around the world, especially in China, in an attempt to stop the spread of the virus. In other market like the U.S., movie-goers may opt to stay home instead of exposing themselves to anyone that could pass on the virus.

Between the lines: The cancellations come just days after Hollywood studio giants began pulling films.

  • The opening of the latest James Bond movie "No Time To Die" has been delayed. The original April release date was postponed until November due to coronavirus impact, according to a statement.
  • Other award-winning films like "1917," "Jojo Rabit" and "Little Women" have been removed from the Chinese release schedule.
  • Some studios have had to halt production of films in places that have been impacted by the virus. Paramount delayed production of "Mission: Impossible" in Italy.

Go deeper: Movie industry braces for major hit due to coronavirus

Go deeper

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Ipsos poll: COVID trick-or-treat — Study: Trump campaign rallies likely led to over 700 COVID-related deaths.
  2. World: Boris Johnson announces month-long COVID-19 lockdown in England — Greece tightens coronavirus restrictions as Europe cases spike — Austria reimposes coronavirus lockdowns amid surge of infections.
  3. Economy: Conference Board predicts economy won’t fully recover until late 2021.
  4. Technology: Fully at-home rapid COVID test to move forward.
  5. States: New York rolls out new testing requirements for visitors.
4 hours ago - Health

Boris Johnson announces month-long COVID-19 lockdown in England

Prime Minsiter Boris Johnson. Photo: NurPhoto / Getty Images

A new national lockdown will be imposed in England, Prime Minister Boris Johnson announced Saturday, as the number of COVID-19 cases in the country topped 1 million.

Details: Starting Thursday, people in England must stay at home, and bars and restaurants will close, except for takeout and deliveries. All non-essential retail will also be shuttered. Different households will be banned from mixing indoors. International travel, unless for business purposes, will be banned. The new measures will last through at least December 2.

Updated 5 hours ago - Politics & Policy

The massive early vote

Illustration: Sarah Grillo/Axios

Early voting in the 2020 election across the U.S. on Saturday had already reached 65.5% of 2016's total turnout, according to state data compiled by the U.S. Elections Project.

Why it matters: The coronavirus pandemic and its resultant social-distancing measures prompted a massive uptick in both mail-in ballots and early voting nationwide, setting up an unprecedented and potentially tumultuous count in the hours and days after the polls close on Nov. 3.