To be honest, if MHE isn't able to pull numbers like this weekly going forward, there is little chance of them staying open for the Tonys. That's months away and the show is going to need to at least be making its weekly operating costs in order to stay alive. The producers might tolerate not making back investment money (and hoping that some Tony nods might improve future prospects) but they're not going to keep a show open for months if they're losing money every week. This is, in the end, a business. While this weeks numbers are a huge improvement for MHE, it's a big holiday week. Most shows saw pretty big numbers and when you really start dissecting how MHE really did instead of just looking at the raw numbers, there still some big warning signs. We know that this is an expensive show to run and it's in one of the smaller theaters so they not only need to sell a lot of tickets, but they need to sell those tickets at a high price. And yes, they did have a nearly 10% increase in capacity this week which is impressive but you can't compare that jump with shows that were previously selling 90%+ every week and saw smaller increases. A show that is selling 95% on average doesn't have the wiggle room to show such a dramatic increase. We still don't know what the ceiling is yet, but it's got a pretty low floor in regards to box office.
This week is going to be important because we need to see if MHE is going to sustain these numbers or if we're going to see any significant decreases in capacity and/or ticket prices now that Thanksgiving is over.. The weeks between now and the usual Christmas spike are going to be important because the show has to at least start making it's weekly operating costs to survive.
I don't have morals. I do have standards.
Updated On: 12/4/24 at 03:40 AM