In the final analysis it is up to the theatre professionals who run the business to decide how they wish to approach the future of New York theatre. You can wait for the pandemic to finally end and hope for a solid future. However, in today's complex world there is no guarantee at all of a steady ship traveling successfully through all the problems we have in the USA. Right now cities like New York and Chicago are experiencing increasing violence that doesn't show signs of letting up. In addition, those cities are suffering severe economic hardship. People, especially those who support theatre, are leaving in droves. Added to that is the pandemic. There are reliable reports that Covid19 antibodies may not last long in the body. People have actually gotten the disease twice. Added to that is the fear of mutant viruses or more virus attacks. We live in a risky world.
From my experience in business, the successful businesses always work on plans for the future. It is called R&D. And those who sit on their success and remain inflexible, ultimately fail. Sears is the outstanding example of this. They did not take the internet seriously and it cost them their business. Today internet streaming of shows is a fast growing business. To turn your back on it, eliminate consideration of it as out of hand, can be risky. I believe yesterday I saw an article on the net that Fox bought Tubi streaming service for 440 million dollars. Impressive.
I looked at several streaming agreements. Look at it this way: Let's say a performance of a new show was sold by subscription for 10 bucks and 50,000 people in the USA signed up. That is half a million dollars. amazon Firestar takes 20%. So the show takes 400,000 to pay for production, advertising and profit. Of course a play would be substantially less costly to record than a musical. A serious, detailed study of the marketing model needs to be made. No one is recommending that all performances of a show be streamed. Maybe one, or several, or maybe a different show very two weeks. I am not going to comment on this further. I have my own businesses in development that have nothing to do with show business and take up a lot of time. I leave you with this: A judicious, wise business man/woman always has a backup plan. He/she is a visionary. Goodbye and good luck.
ZXXR