Broadway Grosses: Week Ending 5/5/24- Page 2

[BroadwayNYC2]

Posted: 5/7/24 at 4:43pm

So everything’s closing. Got it. 

[yyys]

Posted: 5/7/24 at 4:46pm

2022-2023 Season only has &Juliet left after A Beautiful Noise closes in June.

BroadwayNYC2 said: "So everything’s closing. Got it."

 

Updated On: 5/7/24 at 04:46 PM

[bear88]

Posted: 5/7/24 at 4:50pm

The Cabaret numbers don’t surprise me. It’s one of the most famous, and best, musicals in history and is led - for now - by a movie star and has been marketed as a can’t-miss event after a wildly successful run in London. As noted above, it got a solid number of Tony nominations too.

The critical pans might hurt the revival eventually but probably not until September at the earliest.

Sweeney Todd got better reviews, even if it was criticized a lot here, and it just finished a profitable run. I don’t know if Cabaret - with its high costs - can replicate that success but it can do very well for months at least.

[Call_me_jorge]

Posted: 5/7/24 at 4:59pm

BroadwayNYC2 said: "So everything’s closing. Got it."

I mean, its about par for the course. Lol. From the 2021-2022 only MJ remains. The 2022-2023 season only 2 shows remain, one of them already has a closing date. Realistically, one or two shows each season make it past one year. 

[Jarethan]

Posted: 5/7/24 at 5:08pm

The average ticket price for most of these new musicals is also pretty discouraging…they are playing to heavily discount Ted audiences.

[HenryTDobson]

Posted: 5/7/24 at 5:11pm

Six is also starting to struggle. Do we think it'll close soon and move off-Broadway? Moulin Rouge is still selling super well - do they currently have a famous person in the cast? I didn't think so...

[EDSOSLO858]

Posted: 5/7/24 at 5:13pm

HenryTDobson said: "Six is also starting to struggle. Do we think it'll close soon and move off-Broadway? Moulin Rouge is still selling super well - do they currently have a famous person in the cast? I didn't think so..."

Boy George departs the Broadway company on Sunday. 

[Call_me_jorge]

Posted: 5/7/24 at 5:13pm

HenryTDobson said: "Six is also starting to struggle. Do we think it'll close soon and move off-Broadway? Moulin Rouge is still selling super well - do they currently have a famous person in the cast? I didn't think so..."

Boy George?

[quizking101]

Posted: 5/7/24 at 5:19pm

HenryTDobson said: "Six is also starting to struggle. Do we think it'll close soon and move off-Broadway?”

SIX is a cheaper show to run than most and hasn’t even tapped into potential avenues to refresh the show, including possibly using star or stunt casting. I doubt it will close anytime soon.

A lot of people see “starting to struggle” and “slightly dropping” as a sign to pull the plug. I would HATE to work with you people at my hospital. 

 

[BETTY22]

Posted: 5/7/24 at 5:22pm

How is Heart staying open....they are losing 300,000 each week?

Notebook is in trouble too.

[Mr. Wormwood]

Posted: 5/7/24 at 7:09pm

It was a rough week for a lot of shows but I think the biggest loser of the week has to be Back to the Future. What an anemic gross for mid May with meh attendance and pretty low average ticket prices. I thought for sure this would hold on at least until New Year's but that was based on the belief that the summer would be very kind to it. It might still be but yikes this was a bad week for it.

[rosscoe(au)]

Posted: 5/7/24 at 8:30pm

Of course Back To The Future is one of the worst musicals ever. 

[MezzoDiva47]

Posted: 5/7/24 at 9:33pm

rosscoe(au) said: "Of course Back To TheFuture is one of the worst musicals ever."

its not exactly high art but also not the extreme category you lump it into

you need to see more theatre

in the meantime let the anger flow through you

 

[JSquared2]

Posted: 5/7/24 at 10:40pm

rosscoe(au) said: "Of course Back To TheFuture is one of the worst musicals ever."

 

Oh my, what a sheltered life you've lived.  Is it high art -- no.  Is it well-made and entertaining as hell -- yes!

 

[ErmengardeStopSniveling]

Posted: 5/7/24 at 11:32pm

quizking101 said: "A lot of people see “starting to struggle” and “slightly dropping”as a sign to pull the plug. I would HATE to work with you people at myhospital."

[B212323]

Posted: 5/8/24 at 12:02am

EDSOSLO858 said: "HenryTDobson said: "Six is also starting to struggle. Do we think it'll close soon and move off-Broadway? Moulin Rouge is still selling super well - do they currently have a famous person in the cast? I didn't think so..."

Boy George departs the Broadway company on Sunday."

Ohhhh that's good to know! 

 

[rosscoe(au)]

Posted: 5/8/24 at 4:24am

Oh sweetie. I’ve been going to live theatre for over forty years. Come back to me when you’ve reached that milestone. Now go crawl back under the rock you came from. It’s called a f*cking opinion. Everyone has one. 

[OhHiii]

Posted: 5/8/24 at 8:24am

BETTY22 said: "How is Heart staying open....they are losing 300,000 each week?

Notebook is in trouble too."

Laundering is how lol.

Also, I don’t know what world you look at here grosses and write the obituaries of so many that are being thrown around. Like….the new musicals that got good reviews are above $1mil. The revivals are strong. Plays are not doing gangbusters but they aren’t floundering either. I think the narrative of “Broadway is on life support” has tainted how we look at these and the armchair prognosticators are just feeding into that. We also have to look back at last summer and there were MAJOR live entertainment events sucking up a lot of money out of the market including 2 blockbuster tours. Those are dollars that would otherwise be spent elsewhere. 

Every single season MOST of the new musicals close within a year with one maybe 2 still running by that year’s end and there’s always a few shows that close within weeks of the nominations. None of this is new. A prime example being 2017. Only Come From Away and Dear Evan Hansen survived of the MASSIVE number of new musicals that opened. This season seems like it’s more to do with the quality of work than the state of the market at large as there plenty of signs that the industry is getting back up to snuff. Audiences are more discerning with their money now when it comes to new work and don’t want to spend it on mediocrity. Worth reminding that Broadway at large only 1in4, sometimes 1in5 shows will recoup. Sure there has been a LOT of failure since reopening, but that feels wholly unsurprising as the industry revs back up. 
 

[OhHiii]

Posted: 5/8/24 at 8:24am

Delete

Updated On: 5/9/24 at 08:24 AM

[MezzoDiva47]

Posted: 5/8/24 at 3:25pm

rosscoe(au) said: "Oh sweetie. I’ve been going to live theatre for over forty years. Come back to me when you’ve reached that milestone. Now go crawl back under the rock you came from. It’s called a f*cking opinion. Everyone has one."

my bad

i didnt realize this made you the authority on what good and bad theatre is

its a comfy rock btw

 

[Blindbutlerdeafmaid]

Posted: 5/8/24 at 10:29pm

You can look at losses two ways: Money lost or money invested.

Maybe they have an investor who has the money to lose, but I think it's more likely that they're investing in running the show until the Spring Road Conference in a couple of weeks. From where I sit, they've never invested a lot in advertising. So, assuming they raised a proper reserve ($2 million+-ish) and ad spend ($2-$2.5 million) and weren't majorly undercapitalized, they're probably investing in the losses to ensure that the tour presenters see the show in two weeks when they're all in town.

When you get the creatives who can "defer" the royalties that they can to, chop out the $180-$200k that they've budgeted for advertising each week (that they're clearly not spending), and reduce the labor costs of not sending ushers to the balcony, the investment in making sure the road presenters see the show becomes extremely worthwhile -- especially if they're not through what they haven't spent of the reserve and the preliminary ad budget. 

My $.02.