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Tuesday, August 30, 2011
Broadway Takes 36% Hit in Weekly Box Office Amid Hurricane Irene Show Cancellations
The Hollywood Reporter: Broadway took a major box office hit with the gross for the week ended Sunday down 36 percent amid show cancellations due to Hurricane Irene, according to the latest data from The Broadway League.
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Considering the evacuation numbers I don't think 36% is too bad. Of course a production would prefer to bank the full potential profit, but that of course is not possible when there is no air entry to a market which is heavily dependent on tourism. Also, I would be interested to know more about the last few months in addition to the listed annual facts because I am sure the debt downgrade is affecting sales on the local front. I mean, attendance is down and prices are up, that can not mean good things for the local crowd.
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