Skip to main content
My Shows
News on your favorite shows, specials & more!

‘Cats’ Closing: Is It Curtains for Broadway Musicals? — Page 2

Welcome Guest. Please Login or Register.

#26

‘Cats’ Closing: Is It Curtains for Broadway Musicals?

bear882 said: "Here’s the line from the Eustis interview that struck me, in response to Paulson’s question about what has changed financially.

Eustis: It’s unfortunately pretty simple. Costs have gone up between 50 to 75 percent and income has, for us, stayed flat or decreased.

The Public Theater might have some unique problems, but I doubt they are that unique. I don’t know all the causes of the cost increases, but it’s obvious enough that a business - commercial or nonprofit - with soaring costs and flat revenues has a problem.

It helps explain what we have seen - a miserable environment for new musicals, even ones that win Tony Awards or seem popular and are filling seats.

I don’t pretend to have a solution. I just know there’s a problem.
"

Exactly. And those costs aren’t coming down. So how does revenue explode to those levels?

and sure, CATS isn’t the poster child for it but won’t be a perfect one. ALW has been saying this about Bway for a couple years now. Having rave reviews, awards, and full houses isn’t enough. And as Eustis is saying, it’s in the non profit world too.

#27

‘Cats’ Closing: Is It Curtains for Broadway Musicals?

The landlords usually take a percentage of the box office, so they have skin in the game too. It’s not like a set amount taking over the operating costs. They’re certainly not the main problem, I’d blame unions before the landlords. Producers go to unions for exceptions for smaller projects, and they tell them, i need this exception or else I won’t be able to hire anyone. Rather than working with them, the unions literally don’t care and would rather none of their members get work. Disgraceful.

#28

‘Cats’ Closing: Is It Curtains for Broadway Musicals?


the economic model of broadway is broken

the cost of mounting a musical has increased at a rate well beyond inflation

i find it interesting that no one has published actual figures to see precisely where the costs are spiraling out of control

but that is because the ones who are getting an outsized piece of the pie dont want this to change

and now everyone involved is scrambling to get their piece of what is becoming a rapidly shrinking pie

in the past musicals didnt have to sell out for five years before becoming profitable

ppl keep casting one-sided blame on landlords or unions

but never offer any proof

lets see the numbers

lets see a spreadsheet

its time to pin this down and demand accountability

#29

‘Cats’ Closing: Is It Curtains for Broadway Musicals?

It would be good if we could see the broad costs and how they have changed over time. I’m particularly interested to see how people costs have changed (or not) vs things like theatre rental. I go back and forth on people costs, in some ways I think unions need to accept that the market just doesn’t support the economic value they are trying to place on their members anymore and it’s not up to them to dictate how much people should get paid in these circumstances or what uneconomic conditions they demand. The market is telling us it’s too much. And implicitly with all these shows closing is a big message “thank you but no thank you” we aren’t going to pay for enough tickets and high enough prices to support these conditions, we’d rather not and you can be unemployed instead.

On the other hand, I think of how expensive running costs are right now and it’s hard for me to believe that people are the main problem. Eg think of how in demand Manhattan real estate is and how in demand theatres are. I could easily imagine producers being screwed over by these conditions. Of course a theatre owner would say well if you aren’t willing to pay we can find someone that will. And if they eventually don’t, they can easily sell their real estate for more lucrative investments.

I just think there is something too luxurious and fundamentally broken at the idea that so many highly talented people can mount and perform in a show live night after night in one of the most valuable places for real estate on earth when other entertainment forms are practically free, always available, and to be frank often general public find more enjoyable than theatre.

I feel blessed to have become interested in this art form at the right time, before the ship sinks. But the numbers and business model just do not add up anymore. It’s starting to defy reason.


Give me claws and a hunch, just away from this bunch.

Updated On: 7/23/26 at 08:36 AM

#30

‘Cats’ Closing: Is It Curtains for Broadway Musicals?

Folks. Repeatedly blaming landlords is not only simplistic but it doesn’t account for nearly every nonprofit also having trouble, even across the country. Costs are up dramatically and revenue isn’t.

#32

‘Cats’ Closing: Is It Curtains for Broadway Musicals?

The theatre industry is facing a perfect storm.

Production costs are up since Covid, forcing ticket prices higher.

Most people can't afford the these expensive tickets.

International tourism is down due to our current idiocracy.

Landlords are landlords - the house always wins. They won't reduce their rent rates until their buildings are empty.

Audiences have more entertainment options than ever, many of which are available at home for a fraction of the cost of a theatre ticket.

I certainly don't have any answers, but it seems like there are many factors causing this crisis.

Updated On: 7/23/26 at 11:48 AM

#33

‘Cats’ Closing: Is It Curtains for Broadway Musicals?

BJR said: "Folks. Repeatedly blaming landlords is not only simplistic but it doesn’t account for nearly every nonprofit also having trouble, even across the country. Costs are up dramatically and revenue isn’t."

Yes but what costs specifically? Is it more people backstage, higher wages, theatre rental, marketing etc? I’m sure it’s a combination of everything but I haven’t seen anyone clearly show this. Some people are saying it’s people and wages. Some people saying it’s theatre owners. Which is it? Is it both?

if a show employs 250 people at 100k USD each FLC my calculations would suggest (if these assumptions are not already wrong) there are a lot of other costs besides people. So trying to work out what has increased.


Give me claws and a hunch, just away from this bunch.

Latest Posts

BroadwayWorld TV


Ticket Central
Hot Show
Tickets From $59
Hot Show
Tickets From $71
Hot Show
Tickets From $71
Hot Show
Tickets From $95