All articles tagged with #theater costs
Broadway is facing financial challenges due to rising production costs and stagnant ticket prices, leading to struggles for producers and concerns about the industry's future, despite high attendance and cultural significance to New York City.
The 2024-25 Broadway season set records with $1.89 billion in revenue and 14.7 million attendees, highlighted by diverse nominations and innovative productions. Cynthia Erivo will host the Tony Awards at Radio City Music Hall, celebrating artistic achievement amid rising production costs and high ticket prices that challenge accessibility for some audiences.