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Regional theaters can once again produce “Les Misérables” because a national tour has ended. One veteran actor called the popular show “an instant moneymaker.”
Andrew Lloyd Webber used the closing night of "Cats: The Jellicle Ball" to deliver a blunt warning about Broadway's financial future, calling the cost of producing new shows unsustainable and urging the industry to "come to their senses." The composer posted on Instagram as the curtain fell for the last time at the Broadhurst Theatre […] The post Andrew Lloyd Webber calls Broadway costs 'unsustainable' as 'Cats: The Jellicle Ball' closes five months early appeared first on American Almanac .
Andrew Lloyd Webber used the closing night of "Cats: The Jellicle Ball" to deliver a blunt warning about Broadway's financial future, calling the cost of producing new shows unsustainable and urging the industry to "come to their senses." The composer posted on Instagram as the curtain fell for the last time at the Broadhurst Theatre on August 8, announcing that the reimagined revival of his landmark musical was shutting down roughly five months ahead of schedule. The show had been pulling in between $900,000 and $1 million a week when it premiered on Broadway in April, but revenue dropped sharply after it lost the best revival of a musical Tony Award to "Ragtime." Variety reported that the financial slide proved fatal despite the…Open
Hollywood actors in starry plays, skittish investors and gate-keeping theater owners have all contributed to an unusually tough climate for song-and-dance shows.