This is premature speculation on his part. It is an educated guess, not based on anything other than what any one could guess. January and February are cruel months for any but a few shows nowadays. Attendance has dipped each week. Still, Ragtime has increased it's gross 32% over the last week. Word of mouth could build the attendance through December to give them momentum, but certainly the odds are against them.
"Officially, the producers say, "there are no plans to close at this time."
Unofficially, it's likely to close Jan. 3 at a total loss, several production sources say."
It's not speculation. He has sources at the show who have informed him of this. Riedel doesn't just print crap that he makes up. It's always founded in something.
...and my sources INSIDE the production say he either got his info wrong or is just guessing.
Featured Actor Joined: 8/12/09
I wonder what his purpose of announcing this speculation is. Is it to warn people? To put the final nail in the coffin. Broadway is looking a bleeker and bleeker place and this obsession with stars is getting downright disgusting. What happened to a show MAKING a star?
Broadway Legend Joined: 6/21/06
It would be sad if it does close so soon. Sure, the production has flaws (I felt rushed while watching it) but it's a beautiful show.
".and my sources INSIDE the production say he either got his info wrong or is just guessing."
Riiiight.
Updated On: 12/2/09 at 11:53 AM
I really hope he's wrong this time. If Ragtime's to close in January , I think it'll really hurt their chances for the Tony award.
It might not be Reidel's speculation. But it's speculation on the part of his sources. There's usually just as much fretting and gossiping among "production sources" as their is here. For them to say it's "likely" tells me they're just guessing too. My inside sources disagree with his inside sources.
Wonder if Bobby Steggert's tweet " Please come see RAGTIME, folks!!! It's now or never :)" is any indicator of the closing.
Don't mind ljay, he's been pissy and jealous all season of any revival that's competing with the mediocre Night Music.
I saw this production 7 times in DC, where it played to sold-out audiences and extended its run. This show deserves a better fate, but if New York audiences can't appreciate it, that's their loss.
Factor in that we're still in a recession, people are spending less, tourism is way down and that's one big reason shows are closing left and right. Prices are too high. Going to the theater is a luxury.
Marquise though, the audiences are still flocking to The Lion King, Jersey Boys, Wicked, etc.
Dottie I believe the reason those shows are still thriving despite the recession is because (those three shows) in particular are "safe bets". They've been running for awhile now, have won numerous awards and are recognizable "brands". Lion King is based on the Disney classic. Jersey Boys is a Tony winner based on the career of a legendary singing group and Wicked (whether some here like to admit it or not) is a theater phenomenon unto itself.
Broadway Legend Joined: 8/25/06
but weren't we even *deeper* in the recession when the show sold-out and extended in DC?
Yes but the show was never meant to run for a longer period of time than what the producers allowed in DC. It's staying power is being tested now that it's in NYC. We're not talking about a limited engagement that extends here and there and finally closes. We're talking about a production that has to attract a certain amount of theatergoers in order to run and survive.
Also, D.C. theater isn't as overwhelmingly dependent on tourist business as Broadway is.
and I'm sure the D.C. production didn't have ticket prices as high as $125.
This is disappointing news, but not shocking news. Some of what Riedel says ends up being true and some of it ends up being false...either way, he has a horrible attitude towards Broadway and it's saddening.
I only wish Ragtime the best of luck! It deserves it.
Broadway Legend Joined: 12/10/04
maybe what Bobby Steggert means is that if audiences don't start showing up, it is "now or never"--if they start having climbing grosses and rising attendance both- the show will not close. This is in the hands of NYC audiences. Those who have seen the show are standing and clapping for the most part. The problem is getting others to check it out.
Don't mind ljay, he's been pissy and jealous all season of any revival that's competing with the mediocre Night Music.
He may have been excited about Night Music, but having sat next to him at the first performance of Ragtime, I can assure you that he really enjoyed the production, as he has stated both on the board, and in person to me, many, many times.
Thank you, Adamgreer! A simple search shows that I did enjoy the production.
https://forum.broadwayworld.com/readmessage.cfm?page=2&thread=1006013&boardid=0
I have NEVER knocked it, but I have been honest about its troubled grosses.
You can always count on someone like orangeskittles to judge a production (Night Music) without seeing it! At least I see the productions I post about! Someone is bitter.
Updated On: 12/2/09 at 01:07 PM
Dagobert - Do you work for the RAGTIME revival?
Your strong support and positive outlook was encouraging, at first. Now it's just annoying. Some people don't want to accept what's right in front of them I suppose?
told ya so.
Is this at all necessary?
Well that sucks if the rumor is true
I tried and lost the lottery three times this past weekend. Had I known, I would've probably splurged for a seat, but I was counting on it still being around for my next trip. Seemed by the size of the crowd it was doing well but then I suppose holiday weekends can be deceiving.
Updated On: 12/2/09 at 01:15 PM
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