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re: The paid critics did their job
Posted by: JereNYC (JereNYC@aol.com) 03:51 pm EST 12/04/18
In reply to: The paid critics did their job - dramedy 03:16 pm EST 12/04/18

It's so interesting to me that we can be talking about a show grossing a $1M per week and also acknowledge that, if that number doesn't improve, the show will flop. It wasn't all that long ago that that figure was a benchmark for Broadway's top earners.

I wonder if the time has to come for the unions and the League to seriously sit down and figure out if there's a way that costs can be reduced to a point where a show consistently earning $1M per week can run.

Is it possible that we might also approach a point in the next decades where the cost of producing any given show will so outpace the earning potential that no one will want to produce anything, except as a tax write off, since it will be impossible to earn the money back unless the show is that once-in-a-decade blockbuster that defies all odds? The theatres aren't getting any bigger, so the only way to increase revenue is to raise prices and there has to be a ceiling for that. Sure, the big blockbusters can charge $500 or more a ticket for awhile, but most shows can't do that. And, for audiences, Broadway will go from a once-a-year treat to a once-every-couple-of-years extravagance to, maybe, a once-in-a-lifetime, pie-in-the sky curiosity.
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Previous: re: The paid critics did their job - Ballerina56 10:10 am EST 12/05/18
Next: I don’t think the percentage of winners vs losers has changed. - dramedy 04:21 pm EST 12/04/18
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