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Freakonomics Radio

593. You Can Make a Killing, but Not a Living

Jun 20, 2024
49:39
Snipd AI
Authors, producers, and actors discuss the harsh reality of making a living in Broadway theater despite being part of a Tony Award-winning show. They touch on financial struggles, the magic of theater, challenges of managing productions, and the changing landscape of the industry post-pandemic.
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Quick takeaways

  • Successful Broadway shows like 'Stereophonic' can create big winners but require actors to seek additional income opportunities.
  • Financial challenges in Broadway productions highlight the need for creativity and resilience to achieve long-term success.

Deep dives

The Success of 'Stereophonic' at the Tony Awards

The play 'Stereophonic' surprised everyone by winning five Tony Awards even though it featured lesser-known actors and playwright David Adjmee's first show on Broadway. The unexpected success highlighted the challenges and intensity of creating and producing intense and engaging theater. Despite being a departure from traditional commercial plays, 'Stereophonic' proved that impactful and thought-provoking theater can captivate audiences and earn critical acclaim.

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