Broadway Grosses: Week Ending 2/5/17
Posted: 2/6/17 at 3:17pm
For five shows, sunset's gross kind of surprised me.
Posted: 2/6/17 at 3:21pm
It looks as though In Transit has had one week (out of 13) where it may have met (or slightly exceeded) expenses. The other 12 (based on a quoted $400k break even) have shown losses of $63k-$175k each, for a very rough potential lifetime loss of $1.5M (not counting initial investment).
Producing test question: do you believe that the investors created a large reserve/endowment, or that they continue to pump new money into it each week?
Updated On: 2/6/17 at 03:21 PM
Posted: 2/6/17 at 3:24pm
Sunset's numbers surprise me, hope they can build on that.
Any idea for the drop in Great Comet? Or was there something I missed?
Posted: 2/6/17 at 3:29pm
I believe Groban's standby was on for at least one performance this weekend.
Posted: 2/6/17 at 3:31pm
Did anyone notice that Dear Evan Hansen now has the second highest average ticket price on Broadway, behind only Hamilton, at $139.29? Even higher than Book of Mormon. I bet it's nearly impossible to get tickets during the summer, since it's selling every seat in the dead of winter.
I'm as confused as newintown about In Transit, which posted the lowest percentage of gross potential of any show playing. There are certainly a bunch of shows that seem to be hanging on for dear life.
Posted: 2/6/17 at 3:35pm
Wow, Sunset.
Posted: 2/6/17 at 3:36pm
"There are certainly a bunch of shows that seem to be hanging on for dear life."
Not really. It's just February. In Transit, yes.
"Producing test question: do you believe that the investors created a large reserve/endowment, or that they continue to pump new money into it each week?"
Good question.
Updated On: 2/6/17 at 03:36 PM
Posted: 2/6/17 at 3:48pm
I continue to be impressed by A BRONX TALE's numbers. I wrote this show off at the beginning of the season, but clearly it's going to have more staying power than I had anticipated.
Posted: 2/6/17 at 3:56pm
RaisedOnMusicals said: "Did anyone notice that Dear Evan Hansen now has the second highest average ticket price on Broadway, behind only Hamilton, at $139.29? Even higher than Book of Mormon. I bet it's nearly impossible to get tickets during the summer, since it's selling every seat in the dead of winter.
I'm as confused as newintown about In Transit, which posted the lowest percentage of gross potential of any show playing. There are certainly a bunch of shows that seem to be hanging on for dear life.
"
I went to go buy tickets to see it a third time at the end of July, the back row of the balcony were $180 and rest of the mezzanine was around 200+, and there weren't many seats left! Definitely a hot ticket
Posted: 2/6/17 at 3:57pm
BroadwayGuy12 said: "I continue to be impressed by A BRONX TALE's numbers. I wrote this show off at the beginning of the season, but clearly it's going to have more staying power than I had anticipated.
"
It must have great word of mouth because I know several people who live here that don't go to shows besides 1 or 2 a year and they have all seen it already.
It's barely been on TDF as well, this week was the first time I've seen it have any shows on that in a long time. I was able to grab 2 for Wednesday so I'm very curious to see the show.
Posted: 2/6/17 at 4:42pm
Sunset's 5 performances beat the other three Lloyd Webber's 8 performances... That's pretty awesome for previews
Posted: 2/6/17 at 4:48pm
I'm most shocked about Sunset Boulevard. I really didn't think it would be a draw.
Posted: 2/6/17 at 4:56pm
I think for the first week of previews and only five shows, Sunset's numbers are impressive.
Posted: 2/6/17 at 5:44pm
Is it the first time that the highest gross is more than double the second highest gross? I don't think I've ever seen that much differences before.
Posted: 2/6/17 at 6:12pm
Why does hamilton Inflated prices this week?
Posted: 2/6/17 at 6:13pm
lgm20162 said: "Why does hamilton Inflated prices this week?"
That's just the price now. Also the first week they've had double the amount of lottery seats.
Posted: 2/6/17 at 6:14pm
lgm20162 said: "Why does hamilton Inflated prices this week?"
First week of the new $849 premium tickets.
Posted: 2/6/17 at 6:35pm
IdinaBellFoster said: "I believe Groban's standby was on for at least one performance this weekend.
"
Yup. Groban was out for both shows Saturday and the Sunday matinee, which definitely explains the drop for Great Comet this week.
Posted: 2/6/17 at 6:45pm
Wow, $849 seats. Don't know what to say Hate. I got in for $200 at the best seats after waiting in line. This whole phenomenon is unusual and the mark up is insane.
Posted: 2/6/17 at 7:08pm
newintown said: "It looks as though In Transit has had one week (out of 13) where it may have met (or slightly exceeded) expenses. The other 12 (based on a quoted $400k break even) have shown losses of $63k-$175k each, for a very rough potential lifetime loss of $1.5M (not counting initial investment).
Producing test question: do you believe that the investors created a large reserve/endowment, or that they continue to pump new money into it each week?"
Good question. I'd also like to know the answer...
Posted: 2/6/17 at 8:39pm
If the capitalization is in fact under 7mil and the aggregate loss is in fact 1.5 mil, then I would be very surprised if the reserves are adequate to cover the losses. That would require a reserve of over 20%. I also don't believe the "actual breakeven" is 400k. But we are dealing with people who have no clue what they are doing so they could have any amount in reserve.
Posted: 2/6/17 at 11:24pm
"I also don't believe the "actual breakeven" is 400k. "
I've been saying that too.
Posted: 2/6/17 at 11:31pm
newintown said: Producing test question: do you believe that the investors created a large reserve/endowment, or that they continue to pump new money into it each week?
3rd option: Max Bialystock seduces more checks out of little old ladies to fund his trip to Rio.
Posted: 2/7/17 at 1:41am
BroadwayWorld TV
Click below to access all the grosses from all the shows for the week ending 2/5/2017 in BroadwayWorld.com's grosses section.