Broadway Journal

FOUNDERING ‘PARADISE SQUARE’ GHOSTED GROUP SALES CHIEF, LAWSUIT SAYS

May 15, 2022 by Philip Boroff

EXCLUSIVE: Paradise Square has had a bumpy road to Eden.

Nominated for 10 Tony Awards, the second-highest total of the season, it was Broadway’s worst-selling musical in the week ending on May 8, posting just $194,000 in ticket sales. Since its first preview on March 15 at the Ethel Barrymore Theatre, it hasn’t come close to its weekly breakeven — $599,000, per an estimate in its 2019 operating agreement. (Comparably sized musicals usually cost more to run.)

A new lawsuit against Paradise Square Broadway LP filed in New York Supreme Court, not far from where the Civil War-era musical is set, provides a window into the Garth Drabinsky production. It’s the Canadian producer’s first show on Broadway since he was convicted in 2009 in Ottawa, Ontario, of defrauding Livent Inc. shareholders of nearly half a billion dollars. Publicly-traded Livent, which Drabinsky co-founded, filed for bankruptcy protection in 1998.Continue Reading

HISTORIC BROADWAY SEASON PRODUCES MUSICAL DELUGE

January 20, 2017 by Philip Boroff

[3]_The cast of COME FROM AWAYEXCLUSIVE: For anyone in need of a diversion, Broadway is presenting its busiest season for musicals in 36 years.

Nineteen new musicals and revivals have opened or are scheduled to open through April 27, the cut-off for Tony Award eligibility. That’s the biggest tally since 1980-81, according to the Broadway League. If all 19 arrive, 2016-17 will have the most musicals since Ronald Reagan was first sworn in as President.

Without an early Hamilton-scale blockbuster, the competition for theatergoers and Tony Awards should be robust. There are constraints on how much demand can rise to meet supply. In recent seasons, about 15 percent of all seats have gone unsold. The average musical customer sees just four a year, according to the Broadway League’s demographic study, regardless of how many are playing. And of the 13 new musicals this season, five at most will be nominated for best musical and guaranteed a performance slot on the Tony telecast in June.

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