Broadway Grosses: Week Ending 5/3/26- Page 4

[DaveyG]

Posted: 5/6/26 at 3:07pm

Jarethan said: "The best thing they can do FOR THE INVESTORS is to close it and cut the weekly offers. They can continue to run it to employ people, but the losses will be bigger than they already are, with the lament that it ran 2 years and still did not return its investment...why would I invest..."

There are only 7 above the title producers which is very rare these days. And they're all extraordinarily wealthy people. I can't imagine they'll see more than 20% of their money back after it's all said and done. I'm glad some people liked the show, but financially it's pretty much a disaster. 

 

[CukorLover]

Posted: 5/6/26 at 4:33pm

Philip Boroff at Broadway Journal reports that Schmigadoon!  was capitalized for as much as $15 million, according to an SEC filing. I’m a bit surprised it’s that low. Sales over the next few weeks don’t look especially strong, but they’re not disastrous either. In today’s Broadway market, where costs are higher and recoupment is less certain even for successful shows, that puts it in a fairly modest range. If it connects with audiences, it still has a path to recoupment and possible profit.