It's far too early in the season to assume that Shubert will book zero new musicals for the spring (even if, as of this writing, there are none announced). In a thin fall season, Shubert has housed 7 of 15 shows that opened to date, including 3 musicals, and they'll have a large musical revival (CATS) in the spring.
The number of Broadway employment weeks for 2025-26 may be a bit down, but these things tend to be cyclical. Broadway also currently has ~17 shows that have been running more than a year, plus three from last season that should pass the one-year mark. While musicals do often generate more jobs than plays, the fact of the matter is Shubert owes nobody a job. And, if Shubert had a free-for-all for booking a theatre, we'd have multiple NERDS situations every season.
There's enough product in the pipeline that there shouldn't be any concern for touring markets and licensing.
Updated On: 11/27/25 at 10:41 PM