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CNBC has this tidbit, which I’m not sure has been mentioned elsewhere
Posted by: MockingbirdGirl 09:59 pm EST 01/14/22
In reply to: Are Actors Equity or other unions assisting productions in this unprecedented time? - Kerick 05:23 am EST 01/13/22

Apparently, a “hibernation” clause already exists, but producers are not opting to use it:

According to the NYC Musicians Union, who represents musicians on Broadway, there is a mechanism for a production to hibernate. Provisions in the union's contract with Broadway productions allow producers to temporarily close for a maximum of eight weeks during the months of January, February, and September. To do so, producers must get permission from the union and open their books to prove the show is losing money. McCollum declined, forcing the production to officially shut down — albeit temporarily, if all goes according to plan.

The union claims the producers of "Mrs. Doubtfire" intentionally chose to close the production (rather than enter an official, union-sanctioned hiatus) to hide their finances. "Our Broadway contract does allow a show to go on hiatus in a way that protects everyone's jobs and gives audiences the promise that the show will return. But some producers choose not to follow this route so they can hide their finances from us. Instead, they simply close down their shows completely, with a vague promise of re-opening," Tino Gagliardi, the President of the NYC Musicians Union Local 802, said in a statement to CNBC.
Link A new labor battle opens on Broadway as omicron closes theater shows
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