Margo and many others share some insightful views on this. A few points I would add, if I may.
The vicious circle continues ... fewer investors willing to back new works that cost millions...fewer people willing to invest in $100 a ticket for new works...Broadway is becoming a smaller and riskier business for producers, investors and audiences.
This and the fact that there are many choices of fine entertainemnt, in other houses, off Broadway,in fine concert halls, Performing Arts Centers not just in New York but everywhere these days. There are wonderful offerings in the world of opera, ballet. There are major orchestra programs in literally every city in every country, not just the tri-state area surrounding New York. Some of their subscription numbers are huge and packages they offer are unbeatable.
In a nut shell....Broadway is far from the only game in town in its little 12 blocks of Manhattan. It is becomming a smaller and smaller part on the average theater patron's priority
list.
There are just too many wonderful things out there to enjoy. Investors, producer and performers who limit themselves to musical theater in New York are in for a long lean wait for the perfect wave to come in.
www.pbentertainmentinc.com
BWW regional writer "Philadelphia/South Jersey"
Updated On: 2/21/06 at 03:41 PM