Figures released today reveal that London theatre enjoyed a record-breaking 2008 as audiences flocked to musicals, plays, opera and dance performances in the capital.
Both attendances and box office revenues reached new levels as the sector proved resilient in challenging economic conditions.
A staggering 13,807,286 theatregoers attended a London performance in 2008, up 1% on the previous record set in 2007, while box office revenue totalled £480,563,674, up 3% on 2007’s record figure, generating record VAT receipts for the Treasury.
Best news I have heard for a long time, proves London is the biggest and most vibrant theatre scene in the world, lets hope we can do it again in 2009!
Just to put this into perspective from the government's point of view - the above figure would pay for one and a half hospitals or six to eight schools.
Well, the money makers for 2009 are well on their way- 'Priscilla Queen Of The Desert', 'Sister Act' and many more to follow. There are one or to yet to be confirmed but 2009 will be no different to 2008. 'Lets Go On With The Show'
Now that it's officially a recession, are people going to stop using the ghastly term "credit crunch"? It's almost worth the severe economic downturn to get people to stop saying "credit crunch"!
What puts London's West End ahead of NY(for me)in terms of being the theatre capital is that there is a far greater mix of musicals and straight plays in its theatres than on Broadway.
Too true. There is more "heart" in theatre in London (you also know how to spell the word. Theatre NOT Theater) . In NY it is a commodity and is sold the same way - like toothpaste. A commodity I freely admit, I buy.
i agree with what alterego says about there being a greater mix of plays and musicals. It also seems that in West End, theatre goers are more willing to give more obscure shows a chance... is it because shows are cheaper this side of the pond?
...and you arnt told to stand in a single file line to enter the theatre and spoken to like idiots by some heavyweight security person. In the UK you can mill around outside without feeling like you've spent £60 to spend 3 hrs at boot camp.
I'd like to know what percentage of productions failed in 2008 compared to previous years- the headline gross may be up, but how many winners are sharing that pot?
Devonian brings me neatly onto a point I want to make on here.
As London has the best theatre in the world, making buckets of cash, become like New York and become transparent............publish your weekly grosses!
Its not a case 'cant', its 'don't want to'. I tell you its like working in Fagins den, the money watching and hiding of figures that goes on around a theatre box office and house managers lair. I've been there done it!