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The New Economics of Broadway

Big Take

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The High Stakes of Broadway Economics

This chapter explores the complex financial landscape of Broadway as it gears up for the Tony Awards, highlighting record ticket sales alongside rising costs. It discusses the paradox of theatrical success and failure, revealing that even a flop can sometimes yield greater profits than a hit. Industry experts share insights into the evolving business model, the financial risks producers face, and the challenges of recouping investments amidst soaring production costs.

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