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592. How to Make the Coolest Show on Broadway
Freakonomics Radio
Broadway Economics: Making a Killing in Real Estate
Broadway theaters are gradually recovering post COVID shutdown, with businesses returning albeit at lower numbers. Despite the industry's challenging economics where most workers receive low pay, creating a hit show can lead to substantial earnings through touring companies or movies. However, the most lucrative avenue in Broadway is being a landlord, as owning theater real estate can result in significant financial gains due to a handful of owners controlling the majority of theater spaces.
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