why did the show have to gross $60 million dollars in order for them to make back the initial $11 million dollar investment? is that just how it works?
Yep. Pretty much. The show was capitalized at approx. $11 million initially (plus various other advertising and marketing expenses on top of that -- the Tony performance alone probably cost a few hundred thousand dollars), costs around $600,000 a week to run and has been grossing around $900,000 to $1,000,000 a week for most of the year, so, yeah -- if you do the math, it would take 50+ weeks to recoup, if the weekly profit has been around $250,000 or so, on average.
By comparison, WICKED took 14 months to recoup it initial $14 million investment -- so yes, it sounds about right for COLOR PURPLE (in a slightly smaller theatre and not quite being completely sold out) to take 12 months to recoup $11+ million.
"What a story........ everything but the bloodhounds snappin' at her rear end." -- Birdie
[http://margochanning.broadwayworld.com/]
"The Devil Be Hittin' Me" -- Whitney