NYT: Why a Fabulous Broadway Show Can Fill Its Seats and Still Close
Labor costs tend to be one of the most transparent costs of a production by virtue of the fact they're in collectively bargained contracts that most people in the industry have easy access to. The other costs are not transparent at all, from rents to rights to fabrication costs. Which is why it is wild to me that major reporting doesn't dig into them.The theater owners are more than mere landlords, though. If they were just charging rent, that would be one thing. But they take cuts of box off...