No Time To Die: Brand new promotional creative designed for IMAX (India)

This development will be frustrating for Bond fans, but from a business perspective, it makes sense. No Time to Die has already lost a considerable amount of money because of its initial delay, so the last thing the studios want to do is dedicate more resources to promoting a movie that won't be able to debut in the fall. Even before the delay, No Time to Die was the most expensive James Bond film ever, so it needs to have a very strong box office run in order to turn a profit. If it's released this year, Universal and MGM would likely lose money on a sizable investment, which is a scenario they'd want to avoid. By waiting until next summer (when, presumably, the pandemic is more under control), No Time to Die stands a better chance at earning a "normal" amount of money.

It is currently slated to premiere in November 2020, but it remains to be seen if it will actually get to stick to that date. Since the pandemic is a very fluid situation, it's difficult to predict how things will be a couple of weeks from now. As of now Universal and MGM are considering delaying No Time to Die to summer 2021. Nothing is official at this point in time, but it's expected a final decision will be made in the near future, before No Time to Die's marketing campaign goes into full swing.