Well - are you asking financially or artistically?
No, there hasn't been a BLOCKBUSTER musical this season, such as WICKED or JERSEY BOYS. I don't think that matters so much.
New musicals this season that I thought were decent-to-outstanding: XANADU, PASSING STRANGE, IN THE HEIGHTS, NEXT TO NORMAL (and I hear ADDING MACHINE and A CATERED AFFAIR were on the plus side, too).
So CRY-BABY and GLORY DAYS were the negatives, compared to the others. Not a bad season at all.
"The Spectacle has, indeed, an emotional attraction of its own, but, of all the parts, it is the least artistic, and connected least with the art of poetry. For the power of Tragedy, we may be sure, is felt even apart from representation and actors. Besides, the production of spectacular effects depends more on the art of the stage machinist than on that of the poet."
--Aristotle