lotiloti said: "Don't you look at Best New Musical list, and feel very depressed.
The bottom of the barrel is ever closer"
No, because most adult humans have the ability to remember beyond five minutes ago, and see that almost everything is cyclical. One season is not statistically significant. TV, movies, music, and Broadway have been declared dead many times in my lifetime (and I'm not THAT old).
People thought it was over with Memphis. And that jukebox musicals would bring about the death of all musicals. And that movie adaptations were uniformly terrible, and would similarly kill everything.
Look at the Best Musical nominees from 2000. Or 2003's depth after Hairspray. Or 1995 -- or heck, half of the 90's. Ignoring the irrelevant sentiments of those who simply hate all modern theater, look at the tremendous gifts we've been given since 2001.
It'll come around again. Probably next year.