Broadway Star Joined: 3/29/23
Broadway is almost back, and pop music tours and sports events are booming. But Hollywood, museums and other cultural sectors have yet to bounce back.
(But no mention of the effect on advance sales)
https://www.nytimes.com/2025/03/12/arts/covid-five-year-anniversary-theater-music-art.html?unlocked_article_code=1.3U4.Xq2m.xq2jUp4Ex4NF&smid=nytcore-android-share
Stand-by Joined: 3/22/22
Curious to see what impact the current (and safe to say, ongoing) economic chaos has on Broadway, concerts, etc. I’ve already curtailed my entertainment spending. Assume I’m not alone.
Foreign tourists are cancelling their summer vacations to the US because of what's going on. I don't think Broadway will get it's summer sales boom like it has in the past.
ACL2006 said: "Foreign tourists are cancelling their summer vacations to the US because of what's going on. I don't think Broadway will get it's summer sales boom like it has in the past."
If we don't head into a recession by then, I still think there will be an uptick in sales, just not as big as we're used to. We'll see.
EDSOSLO858 said: "ACL2006 said: "Foreign tourists are cancelling their summer vacations to the US because of what's going on. I don't think Broadway will get it's summer sales boom like it has in the past."
If we don't head into a recession by then, I still think there will be an uptick in sales, just not as big as we're used to. We'll see."
Currently, financial experts are predicting a recession anywhere from 6 months from now until the possibility as late as January 2026.
Stand-by Joined: 3/22/22
Well, many of these “experts” have been predicting a recession for the past few years. It’s like they’ve been trying to will it to happen. So far, we’ve dodged the bullet, but certainly this feels different. It’s obvious why. Anyway, no idea why foreign tourists would visit the U.S. It would be last on my list. In fact, it wouldn’t be on my list at all.
I agree that Broadway specifically, and entertainment in general, will need to scale back expectations. Disposable income is drying up.
ACL2006 said: "EDSOSLO858 said: "ACL2006 said: "Foreign tourists are cancelling their summer vacations to the US because of what's going on. I don't think Broadway will get it's summer sales boom like it has in the past."
If we don't head into a recession by then, I still think there will be an uptick in sales, just not as big as we're used to. We'll see."
Currently, financial experts are predicting a recession anywhere from 6 months from now until the possibility as late as January 2026."
Stock market is tanking, inflation is rising, unemployment is rising, housing is limited, he's pissed off our greatest ally in Canada, tariffs are in effect. All signs of an impending recession
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