Disney has shut down production of several live-action films, including "The Little Mermaid" and Ridley Scott's "The Last Duel" with Matt Damon, Adam Driver and Ben Affleck.
Marvel's "Shang-Chi and the Legend of the Ten Rings" is also on hold, along with a "Home Alone" remake and Guillermo Del Toro's "Nightmare Alley".
Two films in pre-production, "Peter Pan and Wendy" and a "Honey, I Shrunk the Kids" remake are also on pause.
A Disney spokesperson said while there had been no confirmed cases of Covid-19 on the productions, the decision was made to pause production "for a short time".
"We will continue to assess the situation and restart as soon as feasible."
Searchlight's upcoming horror Antlers and Marvel's "The New Mutants", slated for release in April, have also had their releases delayed.
A spokesperson says the postponements are "out of an abundance of caution".
"We truly believe in the moviegoing experience, and we are looking at new potential 2020 release dates to be announced at a later date," they say.
It follows multiple cancellations across the entertainment industry in response to the virus outbreak, including the release of James Bond film "No Time To Die", which was pushed back to November.
Today Universal Pictures announced it has moved back the release of the ninth "Fast and Furious" film by a year amid the coronavirus outbreak.
Other major movies that are still slated for release in the coming months include Warner Bros′ "Wonder Woman 1984", on June 5, Paramount's "Top Gun: Maverick", on June 24, and Disney's "Jungle Cruise", on July 24.
Concerts postponed
Today, American band My Chemical Romance issued a statement saying their March 25 show at The Outerfields, Western Springs will not be going ahead. They were heading a line-up that included pop-rockers Jimmy Eat World and local acts Midnight Youth and Miss June.
While My Chemical Romance do not say coronavirus is behind the move they do refer to the "current global situation".
The group have also postponed their Australian shows.
A statement from the band read: "To our dearest friends, It is with heavy hearts that we have decided to postpone our performances in Australia and New Zealand. We felt this was the right decision for our fans, our band, our crew, and our families given the current global situation. We apologize to our fans, but please know that we didn't come to this decision lightly. Thank you for your understanding and we look forward to being with you all again as soon as we can. In the meantime, please be good to each other."
Heavy rock band Deftones have also postponed their New Zealand show scheduled for March 15 at Auckland's Trusts Arena, after the festival they were appearing at in Australia was canned.
Pasifika cancelled
Pasifika Festival has also been cancelled because of concerns about coronavirus, Auckland Mayor Phil Goff announced on Friday.
The festival at Western Springs was set to run on Saturday and Sunday.
Goff said it was with "much regret" that the festival has been cancelled.
"We were simply not prepared to take the risk."
The New Zealand Festival of the Arts cancelled
The final day of The New Zealand Festival of the Arts has also been cancelled due to the rapidly changing situation around Covid-19.
Festival executive director Meg Williams said the decision to cut the last three shows, which would have shown today, was hugely disappointing.
"We are sorry that some audiences will miss out on seeing these fantastic works. However, we feel that extreme caution is the right approach in a situation that is changing so rapidly," she said.
All ticket holders are being informed and will receive information about refunds from Ticketmaster.
Warbirds over Wanaka airshow cancelled
The Southern Hemisphere's largest Warbirds Airshow, Warbirds Over Wanaka, has been cancelled in the wake of the New Zealand Government's response to the Covid-19 pandemic.
Warbirds Over Wanaka general manager Ed Taylor said they have a small but dedicated team who have worked hard for two years building up to this event.
"To have it ripped out from under us at the last minute is tough. But, at all times we have the safety of our participants and visitors at heart and so have to accept we won't have an Airshow this year."