And let Broadway do things meant for Broadway, not scaled-down versions of things that lose the whole investment anyway.
I don't think you meant to say that the classic Broadway shows were not meant for Broadway. The Chicago Lyric Opera, like other opera companies around the country, Is suffering financially and looking towards trying things to bring the people in.
"We operate from a very strong base," Lane said in a phone interview. "From a balance sheet standpoint, we're very strong. We have an outstanding board of directors, and a lot of civic and community support. But ticket sales have been declining over the last ten years. It's not just us, it's a reflection of how people are consuming entertainment. We're working hard to be responsive, with new initiatives like the musical, and the relationship with the Joffrey, that are making us fresh and interesting.
But when you talk about Broadway musicals originating in the opera houses of other cities, and not just in New York, that is different. I've thought this ever since I flirted with investing in a musical` and quickly learned the scoop on just how risky it was to invest in shows. I would have seen my "investment" disappear very quickly. It's more like buying a lottery with perks in hopes that you will draw Hamilton, or Cats.
Thus most investors in Broadway must pass a stiff test to be cleared for investing. A net worth of a million dollars, not including the value of your principal home. (That assuredly did not apply to me.) With the New York centered musical model, most people around the country never get to see a musical, or they see it with a different and usually weaker cast.
There's an oversupply of talent here in New York, and much of it is wasted. So, although I don't see Golden Era Broadway shows in New York being produced and staged in opera houses, I can see other cities following the Chicago lead and have their opera companies staging Broadway shows for profit or marketing assistance. If these original production are less subject to expensive union rules, so much the better.