If they insist on having a theatrical release instead of on-demand, then the studios should look into bringing back temporary drive-in theaters during Covid.
One summer at the Orange County Fairgrounds parking lot near my home, they set up a 65ft. X 33ft. inflatable movie screen called the Star Vu Theater and everyone tuned to an FM station in their cars to pick up the audio track for the film.
It wasn't ideal since the parking lot was flat and not with elevated parking spots like a traditional drive-in, so you would have to tell SUV drivers to park in the back so they don't block anyone's view, but it worked out okay.
They had a concessions website so you could order food, drinks, and snacks and have them brought to your car. In Covid you could still do that with gloves and masks, or you could just let people bring their own food. Depends, since concessions are where theaters make most of their money, but if this was something done by the studios themselves, it might not be worth the extra work.
Unfortunately the Star Vu Theater just lasted that one summer due to a lack of interest in drive-ins and constant scheduling conflicts with fairgrounds events, but it might gain a small amount of interest from people who want the theater going experience from the safety of their cars.
It's never going to be a big money maker or sustainable long term, but maybe for a year or so until the pandemic hopefully settles down. Just set them up on fairgrounds, closed big box store or mall parking lots, parks that allow vehicle traffic, etc.
https://www.newuniversity.org/2007/05/14/drive-in_theater_culture_returns36/
