New James Bond movie 'No Time to Die' release pushed from April to November

The release of the new James Bond movie, "No Time to Die," has been pushed back to November, the studio announced Wednesday.

The movie, Daniel Craig's last turn as the suave spy, was to debut April 10, but the release date was moved due to economic concerns.

"MGM, Universal and Bond producers, Michael G. Wilson and Barbara Broccoli, announced today that after careful consideration and thorough evaluation of the global theatrical marketplace, the release of NO TIME TO DIE will be postponed until November 2020," read a statement shared to Instagram. "The film will be released in the U.K. on November 12, 2020 with worldwide release dates to follow, including the US launch on November 25, 2020."

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While the production company made no specific note of coronavirus fears in delaying the release, the disease is affecting business worldwide.

Novel coronavirus, or COVID-19, which has infected more than 90,000 globally and killed at least 11 in the United States, has led to about 70,000 shuttered movie theaters in China, according to the Hollywood Reporter. China is where the outbreak began about two months ago.

Between China, the second-largest movie market in the world, and Japan, the world's third-largest market -- as well as empty seats and canceled events in other countries affected by the virus -- it's estimated the film industry in general could lose some $5 billion in global box office revenue, the trade publication reported.