Islander_fan said: "Sure, winning a Tony can help a show at the box office. People in general know what the Tony awards are. And, if a family is planning a trip to New York City and want to see a show or two, they are most likely going to pick one that one a Tony regardless of the category. I know, I said this earlier in the thread but still. There are other ways to advertise that your show won a Tony.
And speaking of adapting, for all those that say the telecast is crucial for Broadway need to realize something. As it stands, the ratings for the Tonys are abysmal year after year. CBS is is already putting some of the Tony telecast on Paramount Plus. I would not be surprised to find out in a year or so, due to ratings, they put the whole thing on Paramount Plus. CBS would make more money that way."
I have a few nitpicks but before I get to that, let me underscore your central point. The Tonys are indeed watched by a relatively insignificant number of people, especially when you subtract the number of people who will never see a show or who will see a fair number of shows in any case (e.g., us). A significantly larger group of people will see shows (on Broadway, on tour, in another country, etc.) because it has the imprimatur of the Tony award. Many of those people also want to sample the show before buying, to make sure it aligns with their taste.
In the last century, the main way to gain access to such a sample was by watching the Tonys on TV on a chosen Sunday night in June. It is now 2023 and there are many other ways of seeing a sample (actually, usually, multiple samples). If, as in your setup, a family is coming to New York and wants to see a Broadway show or two (or ten), they will seek out the recent Tony winners and then either click through or google and locate samples. They will then watch them, discuss them and, if things are working as they should, be able to buy tickets to them easily right then. That process will sell tickets, at least to the winner of the top prizes. (1st nitpick: the data shows that other categories rarely sell significant tickets, with the exception of an especially lauded performer, although, quite often, before the family gets here, the performer has left the show.)
Non-winners can do as well as Tony winners, but this requires more focused marketing on the internet and especially in social media. Successful non-winners are far less likely to sell tickets to folks who happened to see the show. Word of mouth is the only thing beyond the internet/social media that sells these tickets.
My other nitpicks are much more beside the point. The extra hour of the Tonys was planned on Pluto (which is free), not Paramount+ which is not. Yes Paramount owns Pluto. It also owns CBS. It's hard to say what the future holds for the Tonys on CBS after the present contract, but it is not correct to say that Paramount makes more by NOT having the Tonys on CBS. At least not today.