How Broadway Makes Millions | Hustlenomics | The Hustle

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Broadway shows in New York City date all the way back to the 1700s. Today, Broadway boasts 41 theaters with 500 seats or more in midtown Manhattan. But not all Broadway shows are created equal - a show’s upfront costs and weekly operating costs play a leading role in determining its financial success. Behind the scenes, investors, producers, and theater owners strategize to keep a show running as long as possible. So how do they manage to break a leg and not the bank?
This original story was reported by Mark Dent. To read the story, visit clickhubspot.com/rwu
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[@mindyschaper]

Thanks!

[@user-oi1hd2lw2p]

Any info on how certain shows profit (or loss) when they travel to various cities throughout the U.S. outside of Broadway? Travel expenses, room & board, meals, etc. have to be gargantuan.

[@druu5180]

lol 20 million