| re: Broadway's THE PROM To Play Final Performance : It's a hard business ... |
| Posted by: NewtonUK 01:16 pm EDT 06/20/19 |
| In reply to: re: Broadway's THE PROM To Play Final Performance Sunday, August 11 - mamaleh 08:20 pm EDT 06/19/19 |
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| ... THE PROM, despite stellar reviews, only had one great box office week - the week after opening. There average adjusted weekly gross was $503,000 (approx) - which would be breakeven, or more likely below breakeven, especially taking into account minimum royalties - unless they got waivers from all the creatives. So it cost $13.5 million, and they are still likely $13.5 million down - although some of their reserve might be left over if their operating costs were perhaps $450,000 .... |
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