Broadway Grosses: Week Ending 9/6
#25re: Broadway Grosses: Week Ending 9/6
Posted: 9/8/09 at 7:16pmDid WSS recoup? If not, its got to be close, no?
#26re: Broadway Grosses: Week Ending 9/6
Posted: 9/8/09 at 7:20pmNot yet, but the announcement should be up anytime.
#27re: Broadway Grosses: Week Ending 9/6
Posted: 9/8/09 at 7:25pm
This should answer some questions regarding WSS...
"Box-office business tends to decline across Broadway for several weeks after Labor Day; even so, Mr. Seller said that the production was expected to recoup its original multimillion-dollar investment and begin making ?a very nice profit? in the next three weeks. He added that advance ticket sales total more than $7 million. The musical, one of the biggest commercial successes now on Broadway, grossed $1.15 million for eight performances for the week ending Aug. 23; the weekly operating costs are approximately $600,000."
http://www.nytimes.com/2009/08/27/theater/27west.html?_r=1
So if they're already at the point of recouping really soon and have a nice advance, I don't see how the show is in trouble.
And Riedel mentioned that the production cost an initial $14 million.
http://www.nypost.com/p/entertainment/theater/west_side_substitutes_x8mwnhqva8DBuceCgSojGI
AndAllThatJazz22
Broadway Legend Joined: 11/8/08
#28re: Broadway Grosses: Week Ending 9/6
Posted: 9/8/09 at 7:28pmWicked's initial investment was 14 mill and it took 14 months for it to recoup its investment. West Side Story probably has a smaller nut, but it has been grossing slightly less money than Wicked and its initial investment is the same. I would imagine that WSS still has plenty of time before it will recoup. Excuse my ignorance if I'm missin' something!
-Danmeg's 10 year old son.
#29re: Broadway Grosses: Week Ending 9/6
Posted: 9/8/09 at 7:36pm
Well I'm not sure
Total difference in gross-600k nut is about 17.5 million (Obviously the nut wouldn't be an exact figure etc..), so I'd imagine they are very close to recouping..
#30re: Broadway Grosses: Week Ending 9/6
Posted: 9/8/09 at 7:46pmNope wasn't serious about Wicked, just surprised to see it dip below 100%.
beautywickedlover
Broadway Legend Joined: 6/28/07
#31re: Broadway Grosses: Week Ending 9/6
Posted: 9/8/09 at 8:35pm
"Nope wasn't serious about Wicked, just surprised to see it dip below 100%"
It's had some weeks below 100% earlier this year. On the week ending February 8 it was at 91%.
https://www.broadwayworld.com/grossesshow.cfm?show=WICKED
#32re: Broadway Grosses: Week Ending 9/6
Posted: 9/8/09 at 8:38pm
". I would imagine that WSS still has plenty of time before it will recoup. "
- If you read the NY Times article, the producers said they expected the show to recoup within 3 weeks from the day that article was posted.
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