May 29, 2012 |
Broadway shows brought in record revenue of $1.14 billion for the 2011-12 season, but attendance was largely flat compared to the last season, holding steady at 12.3 million. The results, which were announced this week by the Broadway League, suggest that shows benefited from higher ticket prices. The Broadway League reported that 40 new shows opened during the season -- 14 musicals, 23 plays and three specials. The season officially ran from May 30, 2011 through May 27 of this year.
January 3, 2013 |
The holiday season is usually a bountiful time of year for Broadway shows. Hordes of tourists bring about a bump in box-office receipts for musicals and plays across the board. The most recent holiday period proved to be no exception. "Wicked," still going strong at close to 10 years, had an especially merry Christmas, grossing $2.9 million, which is the highest weekly figure of any Broadway production in history. "Wicked" benefited at the box office from premium ticket pricing, which is the practice of jacking up prices for certain performances and sections of the house.
May 25, 2008 |
You're headed to New York and, of course, you'd like to see a Broadway show. But which one, and how will you afford it? With orchestra seats averaging $115 for Broadway musicals, we're talking about a hefty investment. For answers, I turned to staff of the Theatre Development Fund, a service group for the performing arts, and the Broadway League, a trade association of North American theater owners, producers and general managers. I also talked with theater fans. How do I choose a Broadway show?
December 24, 2008 |
Business tumbled last week for the Broadway revival of "Speed-the-Plow," now without the services of Jeremy Piven, who abruptly quit the show after saying he was suffering from mercury poisoning. The David Mamet comedy grossed $326,559, down nearly $160,000 from the previous week, according to figures released Monday by the Broadway League, the industry's trade organization. The show played to about 50% capacity at the Ethel Barrymore Theatre.
November 6, 2012 |
Broadway shows reported declines in box-office revenue across the board last week following super storm Sandy. Total Broadway grosses were $13.6 million for the week ending Sunday, down about $5.7 million, or 30%, from the previous week, according to data provided by the Broadway League. Sandy hit the area last Monday, prompting shows to cancel performances. Most Broadway shows resumed their normal schedules by Thursday, but the tri-state area was still reeling from power outages that affected public transportation as well as traffic in and out of Manhattan.
December 13, 2012 |
Just as the Broadway theater community was getting back on its feet following Hurricane Sandy, another potential showstopper is headed its way. The union representing cleaners, porters, elevator operators, matrons and other service workers at most Broadway theaters voted Wednesday to authorize a strike, according to reports. The union, Local 32BJ of the Service Employees International Union, is in a dispute with the Broadway League, primarily over healthcare benefits. The current contract is set to expire on Dec. 30. A strike during the holiday season would be a serious financial blow to most Broadway productions.