They should just do the instant home release thing. If we're all still trapped in our houses come July, that would be better - and more appreciated - than pushing out the theatrical release to some unknown, unspecified time. Hell, the days of going to the multiplex may be over as we know it. Or at least for the foreseeable future. Even if this stuff peaked next week (I'm just using an arbitrary example/timeframe, I know that's not likely) and things started to turn around and look good, I don't wanna be around a bunch of strangers in a closed space - plane, movie theater, pub, hockey arena, etc. - for a good while anyway...months, at least.
If the studios were smart with the pricing and availability - and that's a huge "if" - they could rack up as much, if not more, beaming these new releases into homes in the coming weeks/months to folks who are bored silly than they could probably ever make in a 2020 multiplex release. Bored families trapped at home (who haven't yet started divorce/emancipation proceedings) would probably pay for something to watch that they normally might not see themselves going to the theater for? Boredom/isolation does crazy things and makes shitty, throwaway fare you'd normally never give a second thought to suddenly look like
Citizen Kane.
"
Scooby-Doo and the Mystery of the Twerking Air Traffic Controllers?! Hell yeah, fire it up!"
This whole thing, even after it winds down and goes away(?) might forever change how Hollywood goes about releasing movies. I love the idea of being able to skip the theater completely and enjoy my popcorn, paused pee breaks, etc. to watch new, first-run releases on my TV, from my couch if the mood/desire hit.