Skip to main content
My Shows
News on your favorite shows, specials & more!

The Buyer Got Smarter Than the Box Office

Welcome Guest. Please Login or Register.

#1

The Buyer Got Smarter Than the Box Office

Did we? 

Here’s what I think is actually happening: The buyer didn’t get flaky. The buyer got informed. They learned to read Broadway’s own pricing and risk better than we sometimes read them, and waiting became the rational response to a system we built. We’re all trying to get hip to the new buying patterns. The fastest way in is to stop asking why they won’t commit early and start asking what early commitment is actually competing against.

https://thenextaudience.substack.com/p/the-buyer-got-smarter-than-the-box?r%3D57bf3n%26utm_medium%3Dios=&triedRedirect=true

I think some of us did, but not enough people stalk this board, reddit, etc. to know that... 

#2

The Buyer Got Smarter Than the Box Office

You have to be smarter than the greedy producers. Look at Inter Alia. The prices are quite high but if you look closely it’s clear no one is actually buying them and they are just holding the best seats to make it look more sold. So it only makes sense to wait for discounts.

 

I had no problem dropping $200 to secure an amazing ticket to Evita and less than that for Much Ado because I know I’m going to have a great time and will be seeing fabulous talent on stage. I knew the producers could have easily started off with $700 orchestra seats but they didn’t and I can respect that. I’m not paying $400 in advance to see Inter Alia. I ended up dropping $190 for a front row seat to Prima Facie when it became clear discounts wouldn’t be coming. In this economy, it’s better to wait and see.

Updated On: 6/10/26 at 12:17 PM

#3

The Buyer Got Smarter Than the Box Office

I think it's a combination of informed buying habits, but also a level of caring. If the buyer doesn't care about the property there's no incentive to buy early –– or at all.

It takes more to get people to care nowadays, and for musicals and non-star/non-IP plays it has always been a tough proposition to say "here's 2 demo songs and a synopsis! Nobody super famous is in it. Want to risk $75+++ on something you might not like?"

The people who traditionally bought early were the New York-based frequent theatergoer (often older, white, middle-to-upper class). That group has somewhat eroded AND is being more discerning.

This has been a very interesting and insightful series of articles by Katharine Quinn.

Updated On: 6/5/26 at 12:18 PM

#4

The Buyer Got Smarter Than the Box Office

Katharine Quinn’s ongoing series of articles are fascinating, and not all filled with doom, but it partially explains what I have assumed but didn’t have the numbers to back up. Musicals have gotten pummeled because international travel to the United States is way down - and the international tourist is far more likely to see a musical than a play for obvious reasons. It all started, according to Quinn, in February 2025. I think we can fill in the blanks about the series of events that occurred around that time.

Plays have held up just fine. Musicals have not, and rely on domestic tourism by well-off Americans as well as NYC natives. The problem isn’t just that the 2025-26 season for musicals was weak. The demand problem started in early 2025.

Quinn doesn’t start speculating about which shows might have been damaged by this effort to chase away international tourism, but I will take a stab at it: Everything that opened in the spring of 2025 until now.

I will be even more specific: Musicals that appeal to English-as-a-second-language speakers who like big, splashy Broadway musicals or shows that have visual appeal.

Except for the long-runners, which can make up the difference with American tourists, new musicals are going to underperform. They’re getting hit at both ends - costs are higher, the audience for musicals is smaller.

What would be the sort of musical that might suffer in this sort of environment? How about Death Becomes Her? I didn’t see it but the musical seems reasonably easy to understand with lots of cool special effects and comedy. I never quite understood why the musical fell off a cliff after January. My explanation? Everyone who wanted to see it had done do and there were no international tourists to make up the difference. This could be wrong, but the alternative explanations don’t seem adequate.

Would Buena Vista Social Club be doing even better?

The musical that might have been damaged the most was one I gather Quinn worked on: Maybe Happy Ending. That musical is the one I thought could be a big hit and a long-runner. It’s a good show, but it’s good in audience-friendly ways: eye-catching design, fairly simple story, sentimental. It’s a pleasing Pixar movie for the stage. And the show would hold out appeal for international tourists, and especially those from South Korea. But those tourists aren’t coming in the same numbers, so the show did big box office for several months in the spring and summer of 2025 and hasn’t really recovered. It did great business on domestic tourists like me, the sort of visitor who sees a Broadway show once. But that’s not enough, and I didn’t have to pay enough to bring in the boffo box office the show needs to recoup.

If tourists don’t want to come to New York City because they don’t want to come to the US, they’re not going to see Chess. Or The Lost Boys. Or Boop! from last season. Every musical won’t do as well as it could have, even the hits.

I don’t mean to suggest that all these musicals would have recouped or been major successes. But it affects what is considered for Broadway. I saw an adaptation of the Indian film, The Lunchbox, at the Berkeley Rep a little over a week ago. It’s an out-of-town tryout directed by Rachel Chavkin. My wife and I enjoyed the show but part of me wondered whether a musical set in India, with Indian characters, would stand a chance on Broadway. Should producers even bother? Maybe it’s an off-Broadway show at best, despite the Broadway talent involved and its refreshingly adult take on grief and loneliness that would resonate with many. It was kind of depressing to think that way.

The big, public debate about Evita was partially about costs but also the recognition that the revival will largely rely on rich American tourists to recoup. That should be fine for a few months. What happens after that? Sunset Blvd. faded, despite all the Tonys it eventually won. Why won’t Evita? Every musical revival has an end-date, a point at which the audience fades away. The trick is making big bucks with your cast of stars, as Merrily We Roll Along did, before they leave. But Jonathan Groff and Daniel Radcliffe can’t be in every Broadway musical.

#5

The Buyer Got Smarter Than the Box Office

bear882 said: "What would be the sort of musical that might suffer in this sort of environment? How aboutDeath Becomes Her?I didn’t see it but the musical seems reasonably easy to understand with lots of cool special effects and comedy. I never quite understood why the musical fell off a cliff after January. My explanation? Everyone who wanted to see it had done do and there were no international tourists to make up the difference. This could be wrong, but the alternative explanations don’t seem adequate.”

Great commentary overall, but I truly think DEATH BECOMES HER dove off a cliff after January because of the production’s failure to revitalize the show with new and/or exciting cast changes. DBH became a cult hit partly due to its social media virality, so there was always someone new discovering the show. However, when 3/4 of your principals remain the same because they can’t find replacements and your one replacement is a shrug, the show doesn’t grow and once again become an event. Even people I know who have seen it many times have basically tapped out because it’s the same show and they can only muster so much excitement when they can more or less calculate each performer’s comedic beats.

It kind of makes me wish that they did what the recent Into The Woods did with the Witch and split the performances between Patina Miller (who had other work commitments) and Montego Glover. Maybe they can’t get a star who meets the demand for 8 shows/week, but maybe for 4 or 5? (To quote the Elaine Stritch Tonys joke - “Give ‘em five and charge ‘em more”).


Check out my eBay page for sales on Playbills!! www.ebay.com/usr/missvirginiahamm
#6

The Buyer Got Smarter Than the Box Office

Havent we been over before how unlikely it was that DBH has a long list of super famous folks that could sing / would play those parts? Swapping Bway stars with other semi and less well known Bway stars wasn't going to do much.

Otherwise, back to the OP, this is an interesting lends to look at it through. 

#7

The Buyer Got Smarter Than the Box Office

I agree completely with the writer's assessment that audiences are now playing the waiting game regarding tickets for anything but a sure-fire sellout. Historically, I've rarely bought tickets at the last minute (unless I was simply filling a slot and not particularly concerned about the show); for anything I'd made up my mind to see, I always bought well in advance. Not anymore. For our last trip in May, I only bought three out of eight shows in advance because I knew the seat selection was going to improve and the prices were going to drop somewhere between one week prior and the day of the performance. This strategy got me better seats while saving hundreds of dollars.

Like the writer said, the audience has gotten wise.


==> this board is a nest of vipers <==

"Michael Riedel...The Perez Hilton of the New York Theatre scene"
- Craig Hepworth, What's On Stage

Updated On: 6/9/26 at 01:08 PM

#9

The Buyer Got Smarter Than the Box Office

Lot666 said: "I agree completely with the writer's assessment that audiences are now playing the waiting game regarding tickets for anything but a sure-fire sellout. Historically, I've rarely bought tickets at the last minute (unless I was simply filling a slot and not particularly concerned about the show); for anything I'd made up my mind to see, I always bought well in advance. Not anymore. For our last trip in May, I only bought three out of eight shows in advance because I knew the seat selection was going to improve and the prices were going to drop somewhere between one week prior and the day of the performance. This strategy got me better seats while saving hundreds of dollars.

Like the writer said, the audience has gotten wise.
"

I don't know, I've been looking at same-day seating charts for some of the current titles, and even 1-3 hours before curtain, there's still plenty of inventory available at all different price points. 

I think today's audiences aren't playing the waiting game, simply just saying no to the Theatre District (some have since the pandemic) for a long while and opting for other, much cheaper entertainment options. They're being wise, yes, but at Broadway's expense.


"Gitchie gitchie Betsy Aidem / Squibby Squibby Squibby June."

Updated On: 6/9/26 at 10:54 PM

#11

The Buyer Got Smarter Than the Box Office

I've become a huge proponent of using A View From My Seat. It's helped me figure out what the cheapest seat is I can get in a specific theatre without sacrificing the viewing experience. This has allowed me to still buy tickets ahead of time and not get stuck spending my morning doing rush or TKTS. 

Also, to that end, I compared what I paid for Ragtime to the TKTS booth for a Saturday matinee and my ticket was $10 cheaper purchased directly from the show. 

So. It's all a game and I'm glad folks are learning how to play it. 

 

#12

The Buyer Got Smarter Than the Box Office

 But those tourists aren’t coming in the same numbers, so the show did big box office for several months in the spring and summer of 2025 and hasn’t really recovered. It did great business on domestic tourists like me, the sort of visitor who sees a Broadway show once. But that’s not enough, and I didn’t have to pay enough to bring in the boffo box office the show needs to recoup.

If tourists don’t want to come to New York City because they don’t want to come to the US, they’re not going to seeChess. OrThe Lost Boys.OrBoop!from last season. Every musical won’t do as well as it could have, even the hits.

 

Hasn't this been one of the best seasons ever attendance-wise?
 

#13

The Buyer Got Smarter Than the Box Office

I think it was the highest grossing season, easily explained by higher prices,  but I believe attendance was down. 


Up In One
#14

The Buyer Got Smarter Than the Box Office

Up In One said: "I think it was the highest grossing season, easily explained by higher prices,but I believe attendance was down."

Correct. It always annoys me when they announce that it’s the highest grossing season every year because it’s really just showing they’re a$s. Like, yeah, it is because producers have raised prices and knocked out potential audiences, making theatre an elitist expense again. 

The fact we have to gamify the system at all to get a decent seat at a decent price is really quite a sad state of affairs. Love him or hate him, at least Scott Rudin made the savvy producing move of sacrificing profit in previews for DEATH OF A SALESMAN through very low prices, let the work speak for itself, and now it’s the toast of Broadway. 


Check out my eBay page for sales on Playbills!! www.ebay.com/usr/missvirginiahamm
#15

The Buyer Got Smarter Than the Box Office

quizking101 said: "Up In One said: "I think it was the highest grossing season, easily explained by higher prices,but I believe attendance was down."

Correct. It always annoys me when they announce that it’s the highest grossing season every year because it’s really just showing they’re a$s. Like, yeah, it is because producers have raised prices and knocked out potential audiences, making theatre an elitist expense again.

The fact we have to gamify the system at all to get a decent seat at a decent price is really quite a sad state of affairs. Love him or hate him, at least Scott Rudin made the savvy producing move of sacrificing profit in previews for DEATH OF A SALESMAN through very low prices, let the work speak for itself, and now it’s the toast of Broadway.
"

And those highest grosses are largely attributable to the long-run war horses and limited engagement star attractions that are here and gone.  As others have pointed out in other streams, that cannot be healthy for Broadway in the long-term.

I have seen and generally enjoyed more than my share both of those categories, but I would rather a lot more of those dollars be spent on a wider number of new plays and musicals.  As many have posted in the past, prices have gotten so high that a lot of ticket buyers only want a sure thing.

The conflict caused by the constantly rising ticket prices and the availability of so much readily accessible quality programs via the ever-increasing number of streaming services is only going to make matters worse.  

The people who talk about how creative they are in finding last minute deals are understanding every theatre layout in the city (so they can get the absolute best seat for the buck) are not representative of the occasional theatregoers who used to go 5 - 8 times a year and now go maybe 1 or 2 times, those visits planned well in advance.  I don't know for sure what it will take to get them to come more frequently, but I have to believe that sizably lower ticket prices (which is not going to happen) would only be one factor. (because everything else is also more expensive than ever -- transportation, dinner, baby sitter, etc. -- they still have to spend a lot). 

A second factor, which no one really has control on is presenting musicals that wide groups of people actually want to see.  Too many of the recent musicals have been niche and will never attract a wide audience or they are unoriginal movie-clones with rotten scores.  Things that I have read over the years is that nothing helps overall business more than a monster hit new musical.  There was a time when you would have a couple a season.  I don't think we have had a monster hit since Hamilton.  That of course is up to the gods.

I really wonder whether we are in the midst of a real paradigm shift and don't realize it yet.  

#16

The Buyer Got Smarter Than the Box Office

You also have actors that are making noise about 8 shows a week.  I think the only real answer is rep companies.  If you could do multiple different shows a week and split costs throughout, you could make more money.  A lot of these old musicals simply can’t sell 8 shows a week for a very long time.  Just play them in rep 

#17

The Buyer Got Smarter Than the Box Office

An unpopular thought: Tickets to Broadway shows, with a few exceptions, aren’t too expensive. Maybe I feel that way because I don’t remember tickets prices during my initial trips to New York City in the early 1990s. But then I didn’t go for more than two decades and when I returned in 2016, Hamilton was the hottest show in town and tickets in the second-to-last row in the house cost about $500 ($1,500 for a party of three). This was so much more than I had ever paid for any entertainment that I tormented myself, listened to the cast album (which I almost always avoid), and had long talks with my wife before deciding that seeing the original Broadcast cast would be a special family experience that we shouldn’t miss. I was relieved that everyone loved the show.

But I never wanted to spend that much again and I haven’t, even though I have gotten more picky about where I want to sit. I can count on one hand the number of times I have spent more than $200 on a show: Merrily We Roll AlongJust in Time during one of Jonathan Groff’s last weeks, Evita tickets for next April (just above $200). I haven’t gone above $300 or really come close.

This isn’t because I have been especially savvy. I am a dumb tourist who buys too often in advance on Telecharge, though I do search for discounts and ‘cheaper’ seats. I have spent between $150 to $180 more than I should have. Our trip in March was the first time since the 1990s that I left several slots open and just bought when we were in NYC. This made my wife happy, as she was always nostalgic for the days of grabbing show tickets that day and not planning everything ahead. But it turns out that’s smarter now.

Of the 8 shows we saw, I was happy with my advance purchases several times, but mostly because of seat quality (GiantDeath of a SalesmanRagtime, Cats: The Jellicle Ball), not price. Yes, the price of Death of a Salesman tickets has skyrocketed since I saw it, but I’m not in New York City now.

With rush, the lottery, TodayTix, and the Theatr app, you are usually - emphasis on usually - better off waiting. I know this at home and was an early adopter to TodayTix’s rush system (online and in-person). I am familiar with various discounts offered for good seats.

Considering inflation over the past decade, I cannot honestly say that prices have gone up. Restaurants? Yes. Hotels? Yes, though we have done OK. 

I am very sympathetic to the complaint that people are priced out of Broadway. And you won’t catch me in a premium seat unless the theater made a mistake. And I will skip the celebrity plays that cost more than Hamilton did a decade ago. I am concerned about the struggles of new musicals, because theater cannot survive on revivals and star power alone.

I am aware that there haven’t been as many must-see, impossible-to-get-tickets musicals in this decade. If that changes, I will have to adapt. I am also not the sort of person who sees a show multiple times, not on Broadway and only rarely at home.

I have been struck by what seem to me absurd prices for popular music acts. I contemplated getting tickets for my wife to a performer she likes, then didn’t get far because the prices felt ridiculous for what I knew were bad seats. I am seeing John Fogerty in concert in a couple of months and spending about as much as I would to see a Broadway show - from a lot further away. But I will get to see Red Rocks.

Updated On: 6/16/26 at 05:07 AM

BroadwayWorld TV


Ticket Central
Hot Show
Tickets From $59
Hot Show
Tickets From $95
Hot Show
Tickets From $65
Hot Show
Tickets From $192