The total earnings for Broadway’s 2024-2025 season reached an unprecedented $1.89 billion, surpassing previous records and signifying a strong rebound following the pandemic.
This year’s overall earnings have jumped by 23% compared to the previous season, and it’s worth noting that these figures surpass Broadway’s record-breaking revenue of $1.83 billion from the 2018-2019 season. Previously, this 2018-2019 season was the benchmark for Broadway’s post-pandemic financial recovery. Broadway surpassed these earnings back in early May.
Over the past two years, Broadway accumulated earnings of $1.54 billion in one season and slightly more at $1.58 billion in the following year. Unfortunately, the 2019-2020 and 2021-2022 seasons were cut short by the pandemic. The 2024-2025 season started on May 20, 2024 and concluded on May 25, 2025.
For the 2024-2025 season, the total attendance was approximately 14.66 million, which is lower compared to the 14.77 million recorded during the 2018-2019 season. This decrease might be due to the rise in ticket prices, as the average price increased by 3% from the previous season and by 4% compared to the 2018-2019 season. Despite Broadway League President Jason Laks praising the high grosses this past season, he also highlighted a concerning trend related to attendance.
Looking ahead to the upcoming season, it’s crucial to acknowledge the hurdles that Broadway may encounter. We need to move beyond the notion of success as it was defined in 2019. The escalating costs across all aspects of production are making it increasingly difficult to mount live theatre productions. Today’s shows have a shrinking timeframe to become profitable. Laks emphasized in a statement that the investment that powers Broadway should never be underestimated.
Once again, Good Night, and Good Luck, one of this season’s top money-makers, shattered its own record for a single week’s box office earnings on Broadway. Last week alone, it raked in an impressive $4.2 million and played to a packed house at the Winter Garden Theater, with every seat filled beyond 100%. The average ticket price was a hefty $337.59. The show is set to conclude its run on June 8th.
Last week, I raked in some serious dough as a gamer, with two blockbuster movies taking the lead. First up was “Othello,” featuring Denzel Washington and Jake Gyllenhaal, which pocketed an impressive $3.3 million, boasting the highest average ticket price of a whopping $398!
Next on the list was “Glengarry Glen Ross,” starring Kieran Culkin, Bob Odenkirk, and Bill Burr, who earned a cool $2.7 million over nine performances.
Wrapping up the top five were “Wicked” and “The Lion King,” with earnings of $2.3 million and $2 million respectively. It was an amazing week in the gaming world!
In summary, Broadway earnings increased by 7% compared to the previous week, with the industry experiencing a surge as it approaches the June 9 Tony Awards night. Several shows, such as “Death Becomes Her,” “Maybe Happy Ending,” and “Dead Outlaw,” among others, reported higher earnings for the past week.
Last week, the one-person play titled “Call Me Izzy“, featuring Jean Smart, debuted on stage at Studio 54. It held two preview performances and was almost fully sold out, with an audience occupying 94% of its seating.
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2025-05-28 22:55