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| Broadway Grosses 1/21 — Waitress soars with Bareilles return; Peters sells out Dolly's 2 performances | |
| Posted by: jesse21 03:53 pm EST 01/22/18 | |
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| - In the prior week, which ended January 14 and included the three-day Martin Luther King holiday weekend, Broadway grosses totaled $32,948,206 for 29 shows. In the comparable week last year, Broadway grosses totaled $21,686,421 for 22 shows. — Sara Bareilles returned to Waitress on Tuesday, co-starring with the also-popular Jason Mraz, and grosses soared, even from a prior week that grossed 104% of its potential. With Ms. Bareilles back, the musical added well over a half million dollars to its gross which was $1,608,292 last week. The average admission was $186. — Hello, Dolly! returned on Saturday after a hiatus and played just two performances last week, this time with Bernadette Peters starring. The musical sold out at 101% of the potential gross. the average paid admission was $128. — Meteor Shower, the Steve Martin comedy starring Amy Schumer, closed at the Booth Theatre after its limited engagement of 31 previews and 61 regular performances. Cumulative gross: $10,904,520 which was 99% of its potential gross. The average ticket price was $154 and performances were sold out or very close to it. Total grosses: $27,684,234 Percentage of potential gross: 81.37% Average price per ticket: $127.57 Attendance: 217,004 or 91.44% seat occupancy Number of shows: 27 Opening: none Closing: Meteor Shower (Jan 21) Starting previews: none Total grosses: $32,948,206 Percentage of potential gross: 85.24% Average price per ticket: $132.30 Attendance: 249,038 or 92.34% seat occupancy Number of shows: 29 Opening: John Lithgow: Stories By Heart (Jan 11) Closing: Charlie and the Chocolate Factory (Jan 14); Miss Saigon (Jan 14) Starting previews: none Total grosses: $21,686,421 Percentage of potential gross: 75.43% Average price per ticket: $109.48 Attendance: 198,085 or 89.91% seat occupancy Number of shows: 22 1. Hamilton, $3,096,068 2. Springsteen on Broadway, $2,407,328 (5 performances) 3. The Lion King, $1,852,483 4. Dear Evan Hansen, $1,707,785 5. Waitress, $1,608,292 6. Wicked, $1,583,593 7. Aladdin, $1,289,667 8. Come From Away, $1,201,168 9. The Book of Mormon, $1,200,931 10. The Band's Visit, $993,215 1. Springsteen on Broadway, $507.88 2. Hamilton, $287.93 3. Dear Evan Hansen, $213.87 4. Waitress, $186.32 5. Meteor Shower, $145.93 6. Come From Away, $142.61 7. The Book of Mormon, $139.81 8. The Lion King, $136.83 9. Hello, Dolly!, $128.48 10. The Band's Visit, $125.06 Click here for a table of Broadway Grosses for the week ended January 21, 2018. - |
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| Waitress pricing with Sara Bareilles | |
| Last Edit: mikem 07:41 pm EST 01/22/18 | |
| Posted by: mikem 07:40 pm EST 01/22/18 | |
| In reply to: Broadway Grosses 1/21 — Waitress soars with Bareilles return; Peters sells out Dolly's 2 performances - jesse21 03:53 pm EST 01/22/18 | |
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| I was struck by how high the prices are for Waitress now that Sara Bareilles is back. The "regular" orchestra tickets are $229, but premium are $552 on weekdays and $600 on weekends. I think this is only the fourth show to break the $500 mark for premiums or the $200 mark for regular seats (Hamilton, Hello Dolly and Springsteen being the others), but unfortunately, it's just a matter of time before this pricing becomes common for the hits. I was kind of interested in seeing Bareilles, but I'm probably going to sit this one out given the pricing. |
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| Waitress premiums vary widely | |
| Posted by: PhilipBoroff 12:01 am EST 01/23/18 | |
| In reply to: Waitress pricing with Sara Bareilles - mikem 07:40 pm EST 01/22/18 | |
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| The $600 seats are striking. They've taken the airline pricing model to an extreme. There's a pair eighth-row center tomorrow night for $229. Hardly cheap, but not $600. And on Tuesdays next month, the top premium is $352. I did a short piece. | |
| Link | Broadway Journal story |
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| re: The Producers? | |
| Posted by: SuzanneR 08:58 pm EST 01/22/18 | |
| In reply to: Waitress pricing with Sara Bareilles - mikem 07:40 pm EST 01/22/18 | |
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| Did they have $500 premium seats when Nathan Lane and Matthew Broderick returned in 2004? | |
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| re: The Producers? | |
| Posted by: mikem 05:25 am EST 01/23/18 | |
| In reply to: re: The Producers? - SuzanneR 08:58 pm EST 01/22/18 | |
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| I think The Producers was at $480, although that would be the equivalent of around $620 today with inflation. | |
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| re: The Producers? | |
| Posted by: SuzanneR 09:41 pm EST 01/23/18 | |
| In reply to: re: The Producers? - mikem 05:25 am EST 01/23/18 | |
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| That sounds right, my memory was probably rounding up.... | |
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| re: The Producers? | |
| Posted by: garyd 10:39 pm EST 01/23/18 | |
| In reply to: re: The Producers? - SuzanneR 09:41 pm EST 01/23/18 | |
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| Link | http://www.nytimes.com/2001/10/26/theater/for-the-asking-a-480-seat.html |
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| Only 2 star-driven hits among the top 10 highest grossing shows | |
| Last Edit: dreambaby 06:28 pm EST 01/22/18 | |
| Posted by: dreambaby 06:27 pm EST 01/22/18 | |
| In reply to: Broadway Grosses 1/21 — Waitress soars with Bareilles return; Peters sells out Dolly's 2 performances - jesse21 03:53 pm EST 01/22/18 | |
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| I'm fascinated that the biggest hits - among musicals, anyway - are not at all dependent on stars, or even notable lead performers. Amazing how DEAR EVAN HANSEN continues to burn up the box office after Ben Platt's departure. I had wondered how dependent that show's success was on his performance. Musicals can become juggernauts entirely independent from their cast. Plays... not so much. |
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| re: Only 2 star-driven hits among the top 10 highest grossing shows | |
| Posted by: dlevy 01:52 pm EST 01/23/18 | |
| In reply to: Only 2 star-driven hits among the top 10 highest grossing shows - dreambaby 06:27 pm EST 01/22/18 | |
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| I'm not sure any play outside of Harry Potter and the Cursed Child can become a juggernaut today, but War Horse ran for years without a star name. The Play That Goes Wrong seems to be chugging along just fine without a star. Curious Incident had quite a respectable run without a star... | |
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| School of rock at $670k | |
| Posted by: dramedy 04:08 pm EST 01/22/18 | |
| In reply to: Broadway Grosses 1/21 — Waitress soars with Bareilles return; Peters sells out Dolly's 2 performances - jesse21 03:53 pm EST 01/22/18 | |
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| Isn't looking very good for long term survival of the older shows. With a shortage of musical houses, I wouldn't be surprised at the winter garden being vacant for this fall. | |
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| re: School of rock at $670k | |
| Last Edit: JohnPopa 04:40 pm EST 01/22/18 | |
| Posted by: JohnPopa 04:39 pm EST 01/22/18 | |
| In reply to: School of rock at $670k - dramedy 04:08 pm EST 01/22/18 | |
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| "Meteor Shower" was 99% potential revenue - is there a reason it would be booked to lose money? It's not like they could have expected much more revenue for the run. (I'm genuinely curious if something this commercial could be expected to close in the red even at maximum capacity, not challenging your view.) |
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| maybe they expect premium pricing to do better | |
| Posted by: dramedy 05:14 pm EST 01/22/18 | |
| In reply to: re: School of rock at $670k - JohnPopa 04:39 pm EST 01/22/18 | |
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| $10.9m - 8% fee is around $10m gross. Divide by 12 weeks is $833k. Let's just guess Amy schumer got 10% of gross, we are down to $750k. If production weekly is $300k, we are down to $450k. 60% of that goes to investors, which $270k for 12 weeks is $3.2m. Yikes, that's probably production cost for most plays. These are totally rough numbers and guesses based on similar shows and maybe weekly is $250k and Amy doesn't get 10%. 12 week run is a little shorter than most play schedule at 16 weeks and maybe they expected to extend a few weeks but reviews weren't that solid. That was where Hugh jackmans the river had problems. Advance sales were huge selling out the initial run. Reviews were mediocre and the extension was hard to sell and discounts offered in February. The same probably would have happened here. There is no requirement to announce recouping. So we will never know if the show did or didn't. |
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| 1/3 of meteor shower performances were previews. | |
| Posted by: dramedy 04:04 pm EST 01/22/18 | |
| In reply to: Broadway Grosses 1/21 — Waitress soars with Bareilles return; Peters sells out Dolly's 2 performances - jesse21 03:53 pm EST 01/22/18 | |
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| I wonder if it recouped at $10m gross which probably really only $9m actual in hand for a $3m probably production. I don't remember any announcement of recouping. But neither has hello dolly. | |
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