Broadway Grosses: Week Ending 8/25/19 — Page 3

HogansHero said: "RW, why does it matter to you if a show is playing to a full house or 70%? I don't get it.

And understand that a move of that sort is not like switching hotel rooms; it'llcost over a million dollars. You gonna paythat for a show that's marginalto begin with?"

Yeah, I was going to say that it’s playing to about 70% full houses, but making less than 50% of its gross potential. Even if it moved to a smaller house, the capacity percentage would maybe change but the second figure would likely not change much. If anything, both figures would likely suffer due to the downtime between closing at one theater and opening at another. A certain inertia would likely set in. Not to mention reconfiguring/rebuilding sets to fit a different theater/stage. 

That sounds reasonable. 

And regarding the idea of closing or moving etc, it's no secret that the Marquis is the Nederlander's white elephant. And Tootsie is actually one of the better producing shows that they have had in there in this century. They are more than satisfied with the current numbers, and unless and until something with promise comes along (and that does not appear very likely atm), as I said above they will do anything they can to keep the show open, including eating the fixed component down to the level of some smaller theatre.