I wish someone could come up with a solution, but even veteran off-Broadway producers who have been doing shows for decades are increasingly throwing up their hands and getting out of the business. Nothing seems to work anymore in the "for-profit" realm, except for the occasional one person show. Costs are astronomical, with even single set nonmusical plays costing upwards of $600,00 to 800,000 and ticket prices reflecting that. But charging $70 for an off-Broadway show at a time when a person can get a seat to a Broadway show for less than that with a discount makes it hard to compete. And if you turn around and discount your off-Broadway play down to $50, there goes your profit margin.
Aside from increased government subsidy (never happen, especially for commercial theatre), new tax incentives (unlikely), major concessions from the unions (unlikely) or the NY Times cutting commercial producers a substantial break with advertising rates (highly unlikely), there don't seem to be any answers.
Not every show belongs in a Broadway house -- in fact 90% of plays have no business going near those enormous theatres. But with such bleak prospects for success in the off-Broadway arena, some producers end up going to Broadway anyway -- it's higher profile, which will help the play in its regional life after New York, and at least you have a shot at a Tony. But what happens to those smaller shows that just can't do the Broadway transfer and have trouble finding an off-Broadway producer in this economic climate? Are they forced out of New York altogether and into regional houses around the country? I mean, what else can they do?
Someone needs to come up with something soon or we're going to lose a lot of quality plays and playwrights from the New York scene.
"What a story........ everything but the bloodhounds snappin' at her rear end." -- Birdie
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"The Devil Be Hittin' Me" -- Whitney