Broadway Grosses: Week Ending 3/7
Broadway Grosses: Week Ending 3/7
#1Broadway Grosses: Week Ending 3/7
Posted: 3/8/10 at 3:56pm
Click below to access all the grosses from all the shows for the week ending 3/7/2010 in BroadwayWorld.com's grosses section.
Also, you will find information on each show's historical grosses, cumulative grosses and other statistics on how each show stacked up this week and in the past.
#2Broadway Grosses: Week Ending 3/7
Posted: 3/8/10 at 4:06pmWhat's happening to Hair?? OUCH!!
AwesomeDanny
Broadway Legend Joined: 7/30/09
#3Broadway Grosses: Week Ending 3/7
Posted: 3/8/10 at 4:13pmHopefully, Diana Degarmo and Ace Young will be able to bring the show's grosses back up.
#4Broadway Grosses: Week Ending 3/7
Posted: 3/8/10 at 4:17pmWell, hopefully the numbers will go up as Spring approaches. I remember going to NYC for the first time in March (14, 15, 16) 2006. It was dreadfully cold on a Thursday nite..11:30 p.m. Times Square & 34 degrees. I'm keeping my fingers crossed that "Looped" will still be on Broadway in June, when I plan to visit NYC for the 4th time. I love Valerie Harper and her role as Tallulah Bankhead. Hoping... Hoping... from RC in Austin, Texas
#5Broadway Grosses: Week Ending 3/7
Posted: 3/8/10 at 4:18pmWith Corbin Bleu in the cast, I really thought that "In the Heights" numbers would be much better.
#6Broadway Grosses: Week Ending 3/7
Posted: 3/8/10 at 4:32pm
I have never even heard of that Corbin guy, so I wasn't expecting any great numbers.
PLF I get the feeling that Looped will be around for quite a bit, she will get rave reviews and there is a lot of Tony Award buzz for Valerie.
Trainwreck
Stand-by Joined: 3/4/10
#7Broadway Grosses: Week Ending 3/7
Posted: 3/8/10 at 6:39pmCorbin Bleu is famous for his roles in the High School Musical film series. A series which, despite my cynicism (and the fact that I'm a 25-year-old male) wasn't as bad as I had thought. A couple of the tunes are downright catchy. Corbin seems to be a pretty good actor, albeit young. Far more deserving of the stage than Adam Lambert.
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beautywickedlover
Broadway Legend Joined: 6/28/07
#8Broadway Grosses: Week Ending 3/7
Posted: 3/8/10 at 8:15pmThings are not looking good for "Hair." It may not be able to last past the summer. I'm also not sure if these fresh faces can boost grosses. We'll wait and see.
#9Broadway Grosses: Week Ending 3/7
Posted: 3/8/10 at 8:33pmHair made close to half a million dollars, it's doing pretty damn well. The % of the theatre filled doesn't mean much.
massofmen
Broadway Legend Joined: 12/10/04
#10Broadway Grosses: Week Ending 3/7
Posted: 3/8/10 at 10:50pmactually it didn't make that money. There are things called "operating costs" and also we are seeing the "gross-gross".
#11Broadway Grosses: Week Ending 3/7
Posted: 3/8/10 at 11:24pmYah, but the show already recouped, so it's still making a profit.
Barney Stinson
Leading Actor Joined: 5/1/09
#12Broadway Grosses: Week Ending 3/7
Posted: 3/9/10 at 1:19am
"Yah, but the show already recouped, so it's still making a profit."
Uggggh, and there it is . . . once again.
#13Broadway Grosses: Week Ending 3/7
Posted: 3/9/10 at 7:19amThe mezz at the Hair cast's last show was half empty.
#14Broadway Grosses: Week Ending 3/7
Posted: 3/9/10 at 8:16amI find Hair's decrease in sales shocking. It seems like there is great buzz about the show and for a good few months the show was selling incredible but all the sudden it has dropped tremendously...
#15Broadway Grosses: Week Ending 3/7
Posted: 3/9/10 at 8:23amI don't think that HAIR has been any more negatively impacted by the winter season than any other show. Leaving the whole "they already recouped" argument aside, I'm guessing they're still making over their nut (albeit not by a whole whole lot). Spring breaks are coming up, and a few weeks later its the summer, so I feel that HAIR should be around until at least Labor Day.
#16Broadway Grosses: Week Ending 3/7
Posted: 3/9/10 at 8:59am
With the calculations I just made the weekly nut for Hair is about $640,000 which seems surprisingly high... but they have made about $43 Million in the Box office which gives them about a $10 Million profit at the moment.
In The Heights has a nut of about $505,000 and has made about $79 million giving them about a $25 million dollar profit.
#17Broadway Grosses: Week Ending 3/7
Posted: 3/9/10 at 9:38am
No no, Barney. I am the first one to be like "recouping means nothing if the show isn't meeting its weekly nut on a weekly basis. They still have bills to pay."
That being said, there is NO way that Hair's weekly nut is over $500,000 (I don't know where you got those numbers DCR. That's outrageous). Therefore, KNOWING that they've already recouped and that paying back the producers isn't even an issue, they are FINE as long as they meet the weekly nut, which they definitely did. People need to chill out. I didn't even like the show, and even I know that much.
Updated On: 3/9/10 at 09:38 AM
massofmen
Broadway Legend Joined: 12/10/04
#19Broadway Grosses: Week Ending 3/7
Posted: 3/9/10 at 12:37pmHair's weekly nut can't be that high. Their set is very minimal as well as their costumes. The cast is somewhat large, but their band is about 12 people. I'd guess and say a little over 500K.
#20Broadway Grosses: Week Ending 3/7
Posted: 3/9/10 at 10:03pmBut I think the size of the set and costumes really only affect the original investment...
#21Broadway Grosses: Week Ending 3/7
Posted: 3/9/10 at 10:07pm
^ Don't new costumes need to be made for replacements and new understudies? Those don't get made for free.
Updated On: 3/9/10 at 10:07 PM
Barney Stinson
Leading Actor Joined: 5/1/09
#22Broadway Grosses: Week Ending 3/7
Posted: 3/10/10 at 12:06am
A larger, more complicated set will require more maintenance costs as well as higher operating costs (to the extent it has moving pieces).
Hair has over 30 cast members, plus 12 in the band, that's a chunk right there. Sizeable theater adds costs too.
Over $500K a week, easy.
And DCR - please don't take gross numbers, then subtract weeks x nut to get 'profit'.
First, take 15-20% off of the gross to get to net proceeds. Then subtract weeks x nut. To the extent that number is positive, reduce it by another third (royalty pool). That's (very) roughly the profit.
Of course, individual shows have different deals (especially star driven plays), so that's not uniform - but a much better proxy.
#23Broadway Grosses: Week Ending 3/7
Posted: 3/10/10 at 12:14amPart of HAIR's fall in numbers can be attributed to the fact that they have absolutely no promotion at the tkts booth.
#24Broadway Grosses: Week Ending 3/7
Posted: 3/10/10 at 12:48am
Barney,
Well said. I would just note that subtracting 15-20% to get from Gross to Net is being a little too conservative, I think. Yes, all tickets are subject to the 4.5% Burton Turkus Award deduction. And most but not all tickets are subject to a 4% credit card deduction. That's still less than 10%, though (the per ticket printing charge is really negligible). Yes, if it's a group, you would have to subtract 9.55% group sales commission, or if it's a gift certificate purchase, you'd need to subtract 7% commission. But as a general rule, at least in my experience (which is admittedly a bit outdated), the difference from gross to net hovers in the 9-12% average range.
Also, on an unrelated note, it's interesting to note that since they started awarding the "Best Revival of a Musical" Tony Award in 1994 (separate from Best Revival of a Play), I can think of only three Tony-nominated musical revivals (Grease, Chicago, Cabaret) that have run much more than two years or so (no doubt others will correct me if I am mistaken). Most closed far more quickly. And even for the successful ones, most started to decline as they entered their second year. So by that standard, "Hair" is right on schedule -- unfortunately.
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