The landscape for plays is bad, but Bob Wankel is not the problem.
There's pretty much 0 chance of recoupment without a star, spectacle, and/or IP. As discussed before, there are some plays that received acclaim off-Bway that might have moved to Bway in a different climate. That impacts producers who sign on to a play to begin with, and it impacts landlords giving a theater to a play led by a producer who they trust.
Shubert and other landlords see the most gross potential in musicals & star vehicles –– and they probably haven't had as many star-driven plays pitched to them (and guess who used to produce a lot of those). A situation like ROOM last season puts a lot of fear into people, as does the failure of shows like Fat Ham, Topdog, Life of Pi, Ain't No Mo, Pictures From Home, Sidney Brustein, etc.
We're also seeing a number of musicals coming to Bway now that had pre-Bway productions prior to Covid. So there's still a backlog there. Lempicka, Heart of Rock n Roll, etc.
7 commercially-produced plays have been announced & have a theater for this season (Grey House, Just For Us, Shark is Broken, Purlie Victorious, The Cottage, My Son's A Queer, and Enemy of the People). Two of them are only 1-person shows, 4 are closed or about to close, and none have had stellar box office (JLU exceeded my expectations but didn't recoup). More will come. But it's a sign of where the industry is right now.
Updated On: 11/5/23 at 07:45 PM