16min chapter

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Money Talks: There’s no business like it

Economist Podcasts

CHAPTER

Broadway's Current Crisis

This chapter examines the challenges facing the theater industry in the wake of the pandemic, focusing on the profitability of productions and the essential role of recognizable titles and stars. It addresses the rising costs of production, labor negotiations, and changing audience habits that complicate theater attendance. The discussion also emphasizes the need for improved working conditions and external support for the arts, while exploring how Broadway must adapt to a transformed economic landscape.

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