The cinemas in USA were expected to open in the first and second week of July but now it seems a race against time and they will have to delay the opening. The government has given the go ahead but its unlikely that many state governments will now allow due to rising cases of Coronavirus. It is very difficult to see cinemas opening up in early July in most of California, Texas or Florida though New York could see cinemas return.

The importance of USA cinemas is due to content. There are cinemas open in many places in the world and more will open in early July but the content has to come from Hollywood and that can only happen when majority of the cinemas in USA open which is the domestic market for Hollywood. TENET was scheduled to be a 17th July release but was then pushed to 31st July and now moves to 12th August as the opening of cinemas gets delayed. MULAN is now scheduled to be the first major release but a lot depends on how many cinemas will be open by that time in USA.

The markets which are open with a healthy number of screens at present are as follows.
South Korea (did not shut down)
Japan (shutdown for 2-3 weeks in April)
Vietnam
Hong Kong
Thailand
Australia
New Zealand
UAE
Netherlands
Denmark
Switzerland
Sweden
Norway
Finland
Iceland
Czech Republic
Croatia
Slovakia
Estonia
Hungary
Italy
Spain
Germany
Poland

South Korea and Japan are seeing the best turnout and here the former country did not shut down theatres while the latter had for a very limited time. As the reopening of cinemas in US is delayed it will put the date for India further also as the content for India will also come from Hollywood as cinemas try to reopen.