U.S. stocks aren’t the only market under pressure.
Yesterday’s Super Bowl and the mid-Winter funk contributed to Broadway lowest grosses in four months. Sales last week dipped 10 percent to $24.9 million, according to the Broadway League.
The upside to lower grosses: more affordable theater.
The average ticket to the Tony Award-winning musical comedy The Book of Mormon was $133, the lowest in almost seven years. (Prices may have been skewed because there were seven performances, instead of the customary eight.) Seventh-row center are available for tomorrow for $149.50. (Tickets still go for as much as $477.50 on weekends.)Continue Reading