Broadway reached a significant post-pandemic milestone final week, with season-to-date field workplace receipts of $1,801,023,860 for the 2024-2025 season surpassing the identical week of the record-setting pre-Covid season of 2018-2019.
The determine is in no small half as a result of large weekly field workplace tallies of star-driven productions comparable to Good Night time, And Good Luck, with George Clooney; Othello, starring Denzel Washington and Jake Gyllenhaal; and Glengarry Glen Ross, starring Kieran Culkin, Bob Odenkirk and Invoice Burr. The previous two manufacturing have routinely grossed in extra of $3 million per week, a exceptional quantity for Broadway performs (with exceptional ticket costs as properly – premium tickets can value upwards of $800 per seat).
Glengarry Glen Ross, whereas not hitting the $3M heights, usually grosses in extra of $2M, as does the much-revitalized Depraved, a long-running musical that acquired an enormous resurgence in reputation with the discharge of the hit film model.
In an announcement accompanying this week’s launch of The Broadway League’s weekly grosses, Jason Laks, the League President, mentioned, “Whereas we have fun this milestone, we additionally have to be clear-eyed about the place this trade stands as we speak. Amongst different components, these document grosses have been buoyed by the super success of some particular productions this season, with out which we might nonetheless path our pre-pandemic numbers. Whereas we’re, in fact, thrilled by their successes, we even have to have a look at our trade as an entire.”
Continued Laks, “Each present, regardless of how acclaimed, is grappling with rising prices throughout each aspect of manufacturing. Reveals have an ever-shorter window to get on their toes, discover an viewers, and decide their future. This can be a main problem reveals face as they search out buyers, with out which a manufacturing won’t ever make it to the stage.”
“We will’t be happy with 2019’s definition of success,” Laks continued. “Broadway’s future is determined by deepening the work and funding, increasing our audiences, and addressing the problem of rising prices, in order that we will hold this cultural treasure and financial engine vibrant and thriving.”
At this level within the 2018-2019 season, Broadway had amassed a then-record season-to-date tally of $1,793,406,470. The 2020 Covid shutdown slammed the trade, and Broadway struggled to regain its footing properly after reopening in September 2021. At this level final yr, the season-to-date determine was $1,502,896,749, trailing the pre-Covid excessive level.
The field workplace season-to-date grosses for this season, whereas heartening, clarify that the large numbers are due in no small half to this yr’s larger ticket costs. Whole attendance for the season to date is 13,979,961, in comparison with 14,453,937 for this week within the 2018-2019 season. This season’s common paid admission is $128.83, in comparison with $124.08 for 2018-2019.
A full field workplace report shall be posted shortly…
