I think industry will survive, question is whether theaters will survive. There was a big film released in Korea yesterday, it averaged 25 person per show and Korea has almost gone over COVID with less than 500 active cases. Endgame averaged roughly 125 person per show on its best day, which is I think close to capacity, so a big film, in the most theater-going per captia country of the world, had an attendance of 1/5th of the best in recent time, I don't know how can cinemas survive at that.
Worse still, the majority numbers come from one chain, rest were even more shittier.