Broadway Journal

BISHOP EARNED $912,000 IN 2014 ATOP LINCOLN CENTER THEATER

June 29, 2016 by Philip Boroff

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Andre Bishop and Katherine Farley, chairwoman of Lincoln Center for the Performing Arts. Photo: Amanda Gordon/Bloomberg

EXCLUSIVE: Andre Bishop, Lincoln Center Theater’s longtime leader, earned pay and benefits of $911,670 in 2014, one of the richest compensation packages at a U.S. nonprofit theater.

Among the components listed in the organization’s latest tax return, Bishop’s salary increased by $99,000, or 16 percent, from a year earlier to $719,621. The return valued his benefits, including retirement and other deferred pay, at $192,049. His compensation more than doubled in nine years as the budget was little changed.

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ANOTHER CRITIC SILENCED (FOR NOW) AS JEREMY GERARD EXITS DEADLINE.COM

June 21, 2016 by Philip Boroff

Jeremy Gerard, a prolific and widely read arts reporter and critic, was laid off by Deadline.com two years and two months after the news outlet hired him to oversee its expansion of New York media and theater coverage .

Gerard, who was executive editor and chief theater columnist, said in an email that he was told that Deadline.com, otherwise known as Deadline Hollywood, is focusing resources on film and television coverage. Mike Fleming Jr., co-editor in chief, didn’t return an email.  Gerard said: “I have loved working at Deadline and will miss my great colleagues there.”

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‘HAMILTON’ WINS 11 TONYS AS ‘HUMANS,’ ‘COLOR PURPLE’ TRIUMPH

June 13, 2016 by Philip Boroff

bronze metal texture with high details; Shutterstock ID 115354759

 Hamilton won the Tony Award for best musical and dominated the evening as Scott Rudin joined Lin-Manuel Miranda and Jeffrey Seller in the winner’s circle.

It was indeed a coronation for Miranda’s hip-hop-infused musical, which won for his score and book (and inspired an acceptance sonnet and rap), as well as for orchestrations, choreography, costume and lighting design, direction, featured actress and actor and lead actor Leslie Odom Jr. The bounty should help sell many $849 tickets that producers introduced last week. So should the telecast’s four Hamilton numbers, including a parody of the musical’s title song that introduced host James Corden. Corden,  a CBS late night host and Tony winner himself, opened the show by expressing solidarity with the victims of the Orlando mass shooting.  “Hate will never win,” he said. “Together, we have to make sure of that.”

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TONY AWARDS DEDICATED TO ORLANDO SHOOTING VICTIMS & FAMILIES

June 12, 2016 by Philip Boroff

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THEATERGOERS, BROKERS SCOOP UP $849 ‘HAMILTON’ SEATS

June 12, 2016 by Philip Boroff

Ladies and gentlemen, start your bots. Hamilton tickets go on sale to the general public at 11:10 PM, according to Ticketmaster, presumably minutes after it wins the Tony Award for best new musical.

There’s no evidence that producers over-reached last week with the record $849 tickets they introduced, at least with the best seats, notwithstanding the public relations fallout and implications for theater and elitism. In a “presale” to American Express cardholders, theatergoers and brokers have snapped up many of the $849 tickets near the stage in the center orchestra of the Richard Rodgers. There’s wider availability for $849 seats by the sides and towards the rear. The block is from Jan. 31 to May 21, 2017. (Producer Jeffrey Seller said he’s also increasing the number of $10 seats available via daily lotteries.)

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BREGLIO ON PLANNED ‘CHORUS LINE’ REVIVAL, INVESTOR RISK & REWARD, PRODUCER EXCESSES

June 10, 2016 by Philip Boroff

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John Breglio on Fifth Avenue. Photo: Broadway Journal

As Hamilton prepares for a long run and potentially earning hundreds of millions of dollars in profits, joining the ranks of The Book of Mormon and Wicked, Broadway appears to be richer than ever. But John Breglio, a producer and former top-flight entertainment lawyer present at the creation of many landmark shows, said the risk-reward for investors hasn’t changed much in his four and a half decades in the business.

The author of I Wanna Be a Producer  (Applause), he notes that the vast majority of shows still fail. “Unless you have a musical that is consistently doing over a million dollars [a week in sales], you don’t really have a hit,” he said over Chicken Paillard at Remi restaurant in midtown Manhattan. Blockbuster musicals offer better reward than in years past, thanks in part to “premium tickets” like the $849 seats Hamilton just introduced, but given escalating budgets,  the risk for investors has also increased. And he points out that highly anticipated offerings are accessible only to angels with connections. “You have to know people,” he said.

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‘HAMILTON’ SETS BROADWAY RECORD WITH $849 TICKETS

June 8, 2016 by Philip Boroff

Screen Shot 2016-06-08 at 11.18.53 AMOn a bet that Hamilton will remain red hot after composer Lin-Manuel Miranda leaves the cast and a second company opens in Chicago, Broadway producers raised the top ticket price by $300 to a record $849.

The tickets are offered to American Express cardholders for performances at the Richard Rodgers Theatre from Jan. 31 to May 21, 2017. The production’s charging $849 for as far back as the 17th row of the orchestra.  For now, that’s below market. Even after July 9, when Miranda leaves the title role, tickets are offered for resale for more than $4,000 via Ticketmaster. Hamilton begins performances in Chicago on Sept. 27 at the PrivateBank Theatre.

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THE BOOK OF MORMON’S EARLY-DAY WRITER

June 6, 2016 by Philip Boroff

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Jeff Marx in 2013, at an event marking the tenth anniversary of Avenue Q. Photo: Broadway Journal

EXCLUSIVE: Accepting the best musical Tony Award for The Book of Mormon in 2011, co-director and co-writer Trey Parker broke up the Beacon Theater audience by thanking “a co-writer who passed away” —  Joseph Smith, founder of the Mormon religion.  “You did it Joseph, you got the Tony!”

Smith, who presided over the Church of Jesus Christ of Latter-day Saints until he died in 1844, apparently had company.  After Avenue Q won three Tonys in 2004, its composers, Jeff Marx and Robert Lopez, disclosed that they were working with  Parker and Matt Stone of Comedy Central’s South Park on a musical about a religion they wouldn’t identify. Marx told the Los Angeles Times in 2005 that he and Lopez had spotted  Parker and Stone in the audience at Avenue Q, at the Golden Theatre, and went up to them at intermission. “They thought we were really weird, until we whipped out our Playbill and showed them our bios, where we list them as one of our inspirations.”

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‘HAMILTON’ LEADS SEASON TO RECORD SALES & ATTENDANCE; PLAYS PLUNGE

May 23, 2016 by Philip Boroff

UPDATE WITH DRAMA SALES DECLINE: The Broadway season ended on Sunday with record attendance and sales, thanks to Hamilton. But grosses for plays in 2015-16 retreated 27 percent as star vehicles fell short.

Overall, Broadway sales rose a record 0.6 percent from a year earlier to $1.37 billion, according to the Broadway League. Attendance was up 1.6 percent, another record. Musicals carried the day, led by Lin-Manuel Miranda’s wildly popular cultural phenomenon that’s on track to run for years.

Plays without music were another story. Sales for dramas this past season declined by $66 million to $182 million, according to League statistics. It was the lowest play tally since 2010-11. As in 2014-15, 20 new plays and revivals opened in 2015-16 but they didn’t run as long or command as much.  Play attendance fell 14 percent as average admission dropped from $104.46 to $89.59.

Prices for musicals increased slightly, but not enough to compensate for dramas. Broadway’s overall average ticket price fell by $1.07, or 1 percent, to $103.11. It was Broadway’s first price drop since the League introduced its grosses database in 1984-85. The decline doesn’t take into account the four-figure sums Hamilton commands in the secondary market.

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BROADWAY SET TO REPORT RECORD GROSSES, LOWER AVERAGE PRICES AS ‘HAMILTON’ & MAGIC SHOWS THRIVE

May 16, 2016 by Philip Boroff

Hamilton Richard Rodgers Theatre Cast Lin-Manuel MirandaAlexander Hamilton Javier Muñoz Alexander Hamilton Alternate Carleigh Bettiol Andrew Chappelle Ariana DeBose Alysha Deslorieux Daveed Diggs Marquis De Lafayette Thomas Jefferson Renee Elise Goldsberry Angelica Schuyler Jonathan Groff King George III Sydney James Harcourt Neil Haskell Sasha Hutchings Christopher Jackson George Washington Thayne Jasperson Jasmine Cephas Jones Peggy Schuyler Maria Reynolds Stephanie Klemons Emmy Raver-Lampman Morgan Marcell Leslie Odom, Jr. Aaron Burr Okieriete Onaodowan Hercules Mulligan James Madison Anthony Ramos John Laurens Phillip Hamilton Jon Rua Austin Smith Phillipa Soo Eliza Hamilton Seth Stewart Betsy Struxness Ephraim Sykes Voltaire Wade-Green Standby: Javier Muñoz (Alexander Hamilton) Production Credits: Thomas Kail (Director) Andy Blankenbuehler (Choreographer) David Korins (Scenic Design) Paul Tazewell (Costume Design) Howell Binkley (Lighting Design) Other Credits: Lyrics by: Lin-Manuel Miranda Music by: Lin-Manuel Miranda Book by Lin-Manuel Miranda
Hamilton photo by Joan Marcus

Broadway’s poised to report its third consecutive season of record sales — by a nose.

With the official 2015-16 season ending on Sunday, grosses are up 0.6 percent from a year earlier to $1.34 billion. Attendance is 1.6 percent higher to 13.02 million, also on track for a record. While Hamilton has generated daily headlines since previews began in July 2015, its sales this season were eclipsed by stalwarts The Lion King and Wicked. That should change as producer Jeffrey Seller and colleagues continue raising ticket prices amid feverish demand.

The average Broadway ticket is on track to decline for the first time in decades. So far this season it’s down by almost a dollar, to $103.24. But given those ever-rising Hamilton prices — not to mention the astronomical numbers in the secondary market, which don’t show up in Broadway League stats — it’s early to cite a trend.

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