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Tuesday, June 07, 2011
Inside the Financial Wreckage of 'Lucky Guy'
NYTimes.com: "New York theatrical flops consuming $2 million to $3 million usually occur on Broadway, where plays cost that much and musicals are easily twice as expensive. Such debacles are rarer Off Broadway, but the lead producer and investors in the Nashville-themed musical “Lucky Guy” lost at least that much money when the show closed on May 29, 10 days after opening night, according to two theater producers with knowledge of the musical’s capitalization.
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