Since The Little Mermaid sold out every one of its preview performances, I highly doubt that it "bleeding money" was part of the closing of Tarzan.
And, as the OP states, the show was never actually doing poor business. Look at the grosses. Plenty of 700-800K weeks near the end.
Personally, I think they closed it for a number of reasons. First, they realized it would probably be better to close, retool and reopen with changes from foreign productions on tour, where it could make a bigger profit and separate itself from the bad reviews and bad buzz. Secondly, I think Disney did not want to oversaturate the Great White Way with Disney and cause all the shows to suffer financially, and with Mary Poppins and Mermaid about to open, it was the best time. Third, box office was running at an average of 600K-700K a week, not bad for most Broadway but not the blockbuster Disney expected. It probably hit its nut every week but wasn't making too much profit, and since it was not going to recoup in the near future...
Not a terrible show...I would have liked to see the retooled version in Atlanta.
Updated On: 12/13/08 at 08:57 PM