As a seasoned Broadway enthusiast with decades of attendance under my belt, I must say it’s always bittersweet to see shows take their final bows. The closing of Tammy Faye and Water for Elephants was certainly a blow, but the industry still has some promising newcomers like A Wonderful World: The Louis Armstrong Musical and Death Becomes Her that are making waves.
Last week, Broadway earnings returned to normal levels, dropping from the peak reached during Thanksgiving, as several productions concluded their runs.
Last week, the musical “Tammy Faye,” composed by Elton John, earned $371,511 at the Palace Theatre, before concluding on Dec. 8. The show ran at approximately 47% capacity. This figure was over $100,000 higher than the previous week’s earnings, yet it fell short of both the highest weekly income during its run and the costs associated with a musical production of its scale.
The run of the musical “Water for Elephants” came to an end at the Imperial Theatre on Sunday, following its debut in March 2024. The production brought in $957,672 during this week, which represents a boost of approximately $163,000 compared to the previous week. It was attended by audiences filling about 66% of the theater seats.
Approaching its last show at the Longacre Theatre on December 15, “Swept Away” experienced a significant increase in its earnings, reaching nearly $130,000, bringing the total to $540,306. Its attendance also grew, rising from 61% to 81%.
In summary, overall earnings in the industry decreased by nearly 9% compared to the previous week, yet audience attendance remained fairly stable. Typically, earnings begin to increase significantly around the holidays, specifically Christmas and New Year’s, which are traditionally the most profitable weeks for numerous performances throughout the season.
Despite several shows experiencing a decrease in earnings compared to the previous week, “A Wonderful World: The Louis Armstrong Musical” stood out with its highest gross yet during its run – an encouraging signal for a new musical amid challenging circumstances. It generated $719,680 and filled 83% of its venue. The production made its debut at Studio 54 on November 11th.
In addition to Death Becomes Her, another recently premiered musical, managed to boost its earnings by an extra $116,000, bringing its total to $1.37 million. This production, inspired by the beloved cult film, also expanded its seating capacity to nearly 99.4 percent.
As a gamer, I’ve got to say, my favorite game still reigned supreme in sales, raking in an impressive $2.8 million. Hot on its heels was the remake of “The Lion King” with a cool $2.5 million, followed closely by “Hamilton” at $2 million. “Sunset Blvd.” and “Elf” were also big players, each earning $1.8 million in sales.
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2024-12-11 00:54