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50% or more of initial investment to reboot??
Last Edit: dramedy 05:38 pm EST 01/13/21
Posted by: dramedy 05:36 pm EST 01/13/21
In reply to: re: Michael Riedel on Broadway re-opening - MisterIng 03:48 pm EST 01/13/21

Where do you get that statistic. I’ve never seen anything close to that. Maybe phantom will 50% if it’s initial 1989 investment, but most shows are $2-3m reboot when the initial investment for many musicals is in the $10-20m range now—no where close to 50% or more. If it is 50%, I think we would have seen most shows post closing notices by now leaving Hamilton, wicked and lion king as only shows reopening.
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