Broadway Grosses: Week Ending 7/30/23- Page 2

[BdwyFan]

Posted: 8/1/23 at 6:33pm

Because creatives and lead producer earn weekly minimum royalties.  Why close it when you’re getting this? 

[B212323]

Posted: 8/1/23 at 7:02pm

Wasn't ABN doing well in the spring? They might have the bank to make it through Labor Day when the new schedule starts. 

Updated On: 8/1/23 at 07:02 PM

[RWPrincess]

Posted: 8/1/23 at 7:30pm

I think ABN needs to revamp their marketing strategy because it's not a bad show. Maybe with the closures this week and next, that will help some of the other newer shows that are still open.

But I'm happy that some of the long running shows continue to do well. 

[ACL2006]

Posted: 8/1/23 at 7:42pm

B212323 said: "Wasn't ABN doing well in the spring? They might have the bank to make it through Labor Day when the new schedule starts."

For the most part, yes. They had four weeks over $1 million. All of January & February were over $1 million each week. Up through the end of June, every week was over $800k outside of Easter week. I just don't think their target audience is visiting NYC in the summer.

[HogansHero]

Posted: 8/1/23 at 9:03pm

@ACL "I just don't think their target audience is visiting NYC in the summer."

I am interested in what you believe the target audience to be.

(And also interested in what the production believes it is.)

[RUkiddingme]

Posted: 8/1/23 at 10:02pm

BETTY22 said: "

The big surprise isBack to the Future. After that $2 million first week I assumed this would be a blockbuster. Not so much. Maybe the reviews on Thursday will matter."

What!?!?  Aren't most people saying this show is in blockbuster mode?  And what $2 mill week?

[RaisedOnMusicals]

Posted: 8/1/23 at 10:07pm

Mr. Wormwood said: "Didn't someone say in another thread that the weekly nut for BTTF was around $950k?"

I heard somewhere that t was around $850K. 

[Dom P]

Posted: 8/1/23 at 10:25pm

HogansHero said: "Voter said: "ACL2006 said: "The producers of A Beautiful Noise are banking on the new Fall schedule to boost up their grosses. I just think their target audience avoids NYC during the summer. If their grosses don't go up come September, it'll close in October."

I don’t think they can wait that long. If I owned that theater and saw 50% capacities like that, I’d be invoking that stop clause so quick"

I don’t think they can wait that long either, but with KD as the lead producer, logic does not always btain. The Shuberts will let him sit there and waste OPM until the next tenant is ready. The stop clause almost never comes into play."

I agree with Hogans Heros comment re: with KD logic doesn't always pertain. Wasn't KD partly responsible for Getting the Band Back Together? What logical person would have through the premise behind that show would be successful on Broadway.   

[Jarethan]

Posted: 8/1/23 at 10:45pm

Sadly, I cannot imagine SLIH lasting past Labor Day unless last week was an anomaly.  It got a slight Tonys boost, but that has passed and it appears to be heading back to a money losing proposition.  I did not love SLIH because the score was mediocre overall, particular Sugar's boring songs.  But it was extremely well done almost across the board (e.g., score and actress playing Sugar sub-par).

I did not like ABN at all, athough the other 5 people with whom I attended the show all loved it.  I cannot imagine how the producers figure that replacing an evening performance with a fourth matinee is going to have a big impact on a show that is playing to half-filled houses and presumably losing a lot of money.  Is it vanity that keep them running when it is losing money and has zero chance of returning its investment?

[RippedMan]

Posted: 8/1/23 at 11:21pm

But are the half filled houses the PM performances? Because I think that’s what’s happening hence more matinees. Let’s be honest, the show is for old white people.

[ACL2006]

Posted: 8/2/23 at 9:17am

It's more or less that the matinees are selling around 75% now, and the weekday evening shows are only around 33%-50%.

[Jarethan]

Posted: 8/2/23 at 12:32pm

ACL2006 said: "It's more or less that the matinees are selling around 75% now, and the weekday evening shows are only around 33%-50%."

Which, if the pattern continues, means that 4 performances will be averaging 75% and (being generous) 4 performances will be at 50%, which averages out to 63%, which is still really bad.  Even if that performance sells out, you are still only talking about 66% of capacity average.

I imagine they are hoping that business will improve in the fall, and that that plus a sell-out extra matinee (instead of a 40 - 50% evening) will be enough to break even.  Seems like they are pursuing a lost cause, but it is not my money they are throwing away.

[Voter]

Posted: 8/2/23 at 12:35pm

Jarethan said: "ACL2006 said: "It's more or less that the matinees are selling around 75% now, and the weekday evening shows are only around 33%-50%."

Which, if the pattern continues, means that 4 performances will be averaging 75% and (being generous) 4 performances will be at 50%, which averages out to 63%, which is still really bad. Even if that performance sells out, you are still only talking about 66% of capacity average.

I imagine they are hoping that business will improve in the fall, and that that plus a sell-out extra matinee (instead of a 40 - 50% evening) will be enough to break even. Seems like they are pursuing a lost cause, but it is not my money they are throwing away."

Precisely, if it was my money, I'd close up shop and focus to the next one (which is Harmony for them?) either way, wish ABN the best, but it won't be smooth sailing through the fall...

[BETTY22]

Posted: 8/2/23 at 2:23pm

ABN break even is much lower than has been floated. 

Business with pick up in September.

Plus, they had a contingency plan to get through the summer months, which they knew would be rough. 

[ACL2006]

Posted: 8/2/23 at 3:10pm

BETTY22 said: "ABN break even is much lower than has been floated.

Business with pick up in September.

Plus, they had a contingency plan to get through the summer months, which they knew would be rough."

And their advance for the Fall is looking good. I also don't think they would have released tickets on sale through June 2024 if they didn't think they would still be around come September 2023.

[RUkiddingme]

Posted: 8/2/23 at 10:36pm

ACL2006 said: "BETTY22 said: "ABN break even is much lower than has been floated.

And their advance for the Fall is looking good. I also don't think they would have released tickets on sale through June 2024 if they didn't think they would still be around come September 2023."

Ken Davinport would put out a press release announcing tix on sale through 2030 if the Shuberts would let him.

[Call_me_jorge]

Posted: 8/3/23 at 12:07pm

A Beautiful Noise seems to be having the same “issue” that Jersey Boys had. You may recall, the summer months were relatively slow for Jersey Boys. I think it has to do with the target demographic being the bridge and tunnel crowds who don’t really show up during the summer months, when they’re off on their European vacations or settling down at their lake houses for the summer.