Tuesday, January 06, 2009
Broadway Has 2008 Sales of $940 Million as 13 Shows Shut Down
Bloomberg.com: Arts and Culture: "Broadway box-office revenue was $940.8 million in 2008, little changed from 2007, as 13 shows closed or will close in the first month of 2009."
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I think that the 'bright side' reached by this article is missing out on a couple of things. It states that the average revenue for shows this month was two million above what it had been last year, however - without taking the stagehands strike into account this figure would seem great - but with saying that we beat last year's model minus 19 days of earnings - it shows a dismal state of the Broadway economy.
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