I also recall teh 1972 Tony Awards. It was my first time seeing the Tonys. I had only heard a little bit of FOLLIES on radio just the last part of "Live Laugh Love" with Ben's breakdown and it struck me as a the 12-year old musical theatre fan, as a powerful way to end a show - even though at that point I had no clue what had preceded it.
I was more interested in seeing segments of NO NO NANETTE (we had the record and I loved it); a tribute to Richard Rodgers (I had recently gotten David Ewen's biography of Rodgers from the library, and was coming out of a two year obsession with CAROUSEL), and especially seeing Ethel Merman recreating a dozen of her standards. I had made an audio tape of the telecast (long gone now) and from that time forwards I never missed a Tony broadcast.
I remember my Dad being surprised that after the multiple wins for FOLLIES it did not take Best Musical, but later when we got the full recordings of both FOLLIES and VERONA, i found much to enjoy in the former and very little that I liked in the latter. (I still rarely play TWO GENTLEMEN, even though I often use the exit music as a play-out on my weekly radio program. Mainly because it was written by Galt MacDermot and qualifies as "Canadian Content" and the Canadian Broadcast industry is committed to 40% Canadian content on all radio programs.)
I don't remember the news reports saying it was any kind of upset victory, but one writer did say that both shows were struggling at the box office and would likely close soon. FOLLIES lasted about another 4 months, but VERONA lasted slightly over a year after winning the Tony.
In retrospect, If FOLLIES had won Best musical I really doubt it would have extended its run substantially. The negative edge to that show distances audiences, and the parade of faded former stars didn't help since so many of them were reduced to mere cameos.
I think the following year when the battle was between PIPPIN and A LITTLE NIGHT MUSIC more people were surprised at NIGHT MUSIC's win. For the next few years the winners were pretty much expected, often the only real contender in a given season: RAISIN, THE WIZ, CHORUS LINE, ANNIE, SWEENEY TODD, EVITA, 42ND STREET. Then came 1982 season with DREAMGIRLS and NINE. Predictions were split between the two shows but when NINE won for the its score, with DREAMGIRLS taking the award for its book it made the final award for Best Musical a nail-biter. In the end NINE won for Best Musical, and ran 729 performances, but DREAMGIRLS ran nearly twice as long: 1,521 p.
Broadway hit rock bottom in the mid 1990s... In 1994 there were only two (serious) contenders for best musical: PASSION and BEAUTY AND THE BEAST. (The other two nominated musicals had long since closed.) PASSION's win upset Disney fans and there was talk of the Broadway community rejecting Disney's presence. Conspiracy theories are always fun, but to me it seemed the voters were rewarding a show that was trying to do something different with the the form over the flashy spectacle that merely re-created the animated film on stage. (The voters went in the opposite direction 4 years later giving Best musical to LION KING over RAGTIME.) In the end Disney won by not winning and BEAUTY was sell-out smash hit for many years. PASSION's dark take of obsessive love faded to black in 9 months.
The following year was an embarrassment. SUNSET BLVD wan by acclamation... there was no other new book musical to compete. The only other nominee for Best musical was the revue SMOKEY JOE'S CAFE. Even worse was 2000 when the award for "best Musical" was given to CONTACT - which as others have mentioned no only lacked an original score but also did not use live musicians/singers. There was not any heavy duty competition... JAMES JOYCE's THE DEAD was long gone and AIDA was not nominated and had received a very mixed reaction. (There was some controversy when Elton John won for Best Score but refused to attend the Tony Awards to claim it. HE was reportedly miffed that the show had been overlooked as a nominee for Best Musical.)
I am rarely shocked by the winners, but sometimes surprised. That's one reason I continue to watch.
Cast albums are NOT "soundtracks."
Live theatre does not use a "soundtrack." If it did, it wouldn't be live theatre!
I host a weekly one-hour radio program featuring cast album selections as well as songs by cabaret, jazz and theatre artists. The program, FRONT ROW CENTRE is heard Sundays 9 to 10 am and also Saturdays from 8 to 9 am (eastern times) on www.proudfm.com