Bruce Springsteen’s summer engagement at the St. James Theatre will likely break Broadway records — but we may never know for sure.Continue Reading
INSURANCE KEEPS ‘COMPANY,’ ‘COME FROM AWAY’ ALIVE AS JUJAMCYN FIGHTS CHUBB SNUB
EXCLUSIVE: No one put more money into the highly anticipated Broadway revival of Company than the insurance giant Chubb.
The Ladies Who Lunch LLC, which transferred the Stephen Sondheim and George Furth musical from the West End only to suspend it during previews because of Covid-19, received $8.85 million from Chubb, according to an email that lead producer Chris Harper sent to investors. Continue Reading
THE DEVIL MADE THEM DO IT: ‘HADESTOWN’ RAISES PRICES
EXCLUSIVE: With investors to repay and resellers on the prowl, the producers of Hadestown increased ticket prices by as much as 47 percent, coinciding with the show’s best musical win at the Tony Awards on June 9.Continue Reading
SECOND STAGE BORROWED $16.5 MILLION FOR HELEN HAYES, BACKED BY PROSPECTIVE ‘FROZEN’ LANDLORD
EXCLUSIVE: Second Stage Theatre has less than two years to repay a $16.5 million mortgage on its new Broadway home.
In April 2015, the nonprofit completed its long-awaited purchase of the Helen Hayes Theatre. The “amazing moment,” as Artistic Director Carole Rothman put it, should help raise the profile of the 37-year-old company and the contemporary American plays and musicals it produces, which have won three Pulitzer Prizes since 2010. But in buying Broadway’s smallest venue, Second Stage accepted a big burden.Continue Reading