CMU School of Drama


Tuesday, May 12, 2020

Cruise Line Industry Chaos Threatens Broadway Licensing Revenue

www.forbes.com: With the cruise line industry treading water, Broadway investors might no longer be able to count on a steady stream of licensing revenue.

As empty ocean liners sit at ports and customers demand refunds for their trips that were cancelled due to the COVID-19 pandemic, Norwegian Cruise Line warned that it might run out of cash in the next year, and need to declare bankruptcy.

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