What's news: Will Hollywood be back to work by August? Venice Film Festival still on for now, Netflix poised to have a big quarter, local TV set to struggle, Disney furloughs begin, analyst bullish that AMC Theatres can avoid bankruptcy, Resident Evil stuntwoman scores a win in South Africa. Plus: WGA and studios agree to May 11 negotiating date, and a David Lynch interview. --Alex Weprin

 Winners and Losers Amid Virus Crisis

First things first: When will Hollywood productions start back up? The New York Times' Brooks Barnes and Nicole Sperling write that productions may not resume in earnest until August, "in part because of the time it will take to reassemble casts and crews once the coronavirus threat subsides." The Times story.

►Wall Street has high hopes for Netflix's latest earnings report. Netflix’s stock has risen more than 30 percent year-to-date, driven by Wall Street expectations that the global streaming giant would turn out to be one of the rare beneficiaries of the coronavirus pandemic and governments’ stay-at-home orders. The company will report its results tomorrow.

Quote: “Stay-at-home guidelines around the world have clearly driven streaming usage and viewership up, which has likely dampened churn and driven incremental sign-ups,” Wedbush Securities analyst Michael Pachter writes. “That said, the most meaningful mandated closures (in terms of affected population size) began in late February-mid March. The timing of COVID-19-related usage and sign-ups late in the quarter, combined with an existing high degree of penetration for Netflix’s domestic addressable market, suggests relatively tempered upside in our view.” The story.

Other companies aren't as lucky...

►TV station group Tegna warns of "uncertain" ad impact of virus crisis. 2020 was supposed to be a banner year for local TV stations, which would see an influx of profitable political advertising. The political ads are expected to arrive, but with major national advertisers and almost all local advertisers pulling spots, the ad environment now looks dicey. The company pulled its guidance and is cutting costs. More.

+Universal Music drives Vivendi revenue growth, virus crisis "affecting" Canal+. First-quarter revenue was "little affected by the consequences of the COVID-19 pandemic," but March trends were hit at ad unit Havas Group and book publisher Editis, among others. More.

+Disney stock drops after two analyst downgrades. The Hollywood giant's stock "will remain in a more narrow trading range given a remarkable lack of operational visibility," says Credit Suisse, which downgraded the stock to neutral, alongside UBS. More.

+Disney furlough day: On Sunday, Disney began furloughing all employees "whose jobs aren't necessary at this time." While the exact number of impacted employees is not known, it is expected to include more than 100,000 people, driven largely by Disneyland in California, and Disney World in Orlando, Florida. JPMorgan estimates that the furloughs will save the company $500 million per month. 

►How I'm Living Now: David Lynch, director. The writer-director of such eerie art house classics as Blue Velvet and Mulholland Drive and whose Twin Peaks: The Return on Showtime earned nine Emmy nominations in 2018 has been holed up inside his Hollywood studio during the COVID-19 crisis, busying himself with painting, music and film projects. He credits his positive state of mind to his longtime Transcendental Meditation practice; his David Lynch Foundation is now bringing TM to stressed healthcare workers with an initiative called Heal the Healers Now. The interview.

 Venice Film Fest Still On

►Venice Film Festival set to proceed with 2020 edition, for now. Roberto Cicutto, president of the festival's parent group, the Venice Biennale, told Italian news agency ANSA on Monday that it would not postpone or cancel the 2020 event despite health concerns amid the coronavirus outbreak.

--Cicutto said there were currently no plans to collaborate with the Cannes Film Festival on a joint event this year. After twice pushing back the dates for Cannes this year, Cannes Festival director Thierry Fremaux raised the possibility of a one-off collaboration with Venice. The story.

►AMC Theatres analyst "increasingly confident" exhibitor can avoid bankruptcy. B. Riley FBR analyst Eric Wold, who previously predicted that cinema giant AMC Theatres would have to file for Chapter 11 bankruptcy by the summer due to the impact of the coronavirus pandemic, on Monday upgraded his rating on the company's stock from "sell" to "neutral." More.

►Studios agree to May 11 negotiations with Writers Guild. The Alliance of Motion Picture and Television Producers has agreed to a proposal from the Writers Guild of America that talks between the parties, delayed from March 23 by the pandemic, will start next month, according to a letter obtained by THR's Jonathan Handel.

--"Since these negotiations will be conducted in a unusual manner," AMPTP president Carol Lombardini tells WGA West executive director David Young in the letter, "kindly call me at your convenience so that we may discuss the details surrounding the conduct of the upcoming negotiations." The story.

In other coronavirus-related news...

--After the One World: Together at Home U.S. broadcast event this weekend, Canadian artists like Celine Dion, Michael Buble and Alessia Cara will team on April 26 for their own star-studded broadcast event in Canada to support local food banks and hospital workers battling the coronavirus.

--Recovering from coronavirus, Idris Elba and wife launch a $40 million fund to help others.

--As President Donald Trump has been holding daily press briefings to provide updates on the COVID-19 pandemic, Piers Morgan is speaking out against his "friend," criticizing how he's been handling leading the nation amid the virus crisis.

--Nick Cordero, the 41-year-old Broadway actor who has been sedated in the intensive care unit since April 1, is having his leg amputated amid complications that have resulted from his battle with COVID-19.

--Blue Ivy Carter films a PSA to demonstrate how handwashing helps fight coronavirus.

Obituaries: Roger Beatty, who won five Emmy Awards for his work as a writer on The Carol Burnett Show, died April 6 at his home in Palm Desert, California, of prostate cancer, his family announced. He was 87... Gene Deitch, an Oscar-winning illustrator, animator, film director and producer, has died. He was 95...

 'Resident Evil' Stunt Performer Wins In Court

 Resident Evil stunt performer wins latest legal case following career-ending accident. A court in South Africa has ruled in favor of Olivia Jackson, who was left with an amputated arm and spent 17 days in a coma following an accident during Resident Evil: The Final Chapter. The court ruled that the stunt was negligently planned and executed by the local company, Bickers Actions SA, that had been operating the camera and filming vehicle. The story.

The week ahead...

--In TV: Will & Grace airs its (second) series finale Thursday at 9, Homeland's final episode airs Sunday at 9... A new season of TLC's 90 Day Fiance debuts tonight, with all the participants filming themselves in quarantine... More...

--NFL Draft: It's still happening! Originally slated to be held on the lake outside the Bellagio hotel in Las Vegas, now the draft will originate from ESPN's studios in Bristol, Connecticut, and commissioner Roger Goodell's basement in Bronxville, New York. No, really. It will be held Thursday-Saturday on ESPN, NFL Network, and ABC.

--Earnings season: Netflix and Snap Inc. report earnings after market lose on Tuesday... AT&T and WarnerMedia report Wednesday morning... WWE reports Thursday after the bell...

In other news...

--The Madison Square Garden Company has split itself in two, with MSG Entertainment holding the namesake New York arena, Radio City Music Hall, the MSG Sphere under construction in Las Vegas, and the Forum in Inglewood, and MSG Sports holding the New York Knicks and New York Rangers.

--Netflix released the trailer for Ryan Murphy's debut series for the streamer, Hollywood.

--About last night on Westworld: Tessa Thompson breaks down that deadly (and "heartbreaking") twist... Also: Ed Harris on his twist-filled season three storyline: "It was hard to enjoy"...

--Tech giants Google and Facebook will be required to pay Australian media outlets for the news stories they publish under a new mandatory code of conduct on digital platforms to be implemented from July, the Australian government announced Monday.

--How Shailene Woodley and her co-stars improvised an entire movie.

What else we're reading...

--"Fox News Media taps talent to answer advertisers’ COVID-19 questions" [AdWeek]

--"NBC sells stake in Euronews as focus shifts to new global TV channel" [FT]

--"YouTube spars with auditor over transparency of advertising risks" [WSJ]

--"Harry and Meghan fire new broadside in battle with British tabloids" [The Daily Beast]

--"The reassurance of Brittany Howard" [The New Yorker]

--ESPN built a studio in Connecticut Governor Ned Lamont's home so he could address the public safely [ESPN]

Today's birthdays: George Takei, 83, Ryan O'Neal, 79, Andy Serkis, 56, Shemar Moore, 50, Jessica Lange, 71.