Broadway Journal

SNUBBING ‘MEAN GIRLS’ & ‘SPONGEBOB,’ CRITICS’ CIRCLE SKIPS MUSICAL AWARD

May 4, 2018 by Philip Boroff

Maxwell Anderson, left, receives the first Critics’ Circle Award from Brooks Atkinson

The New York Drama Critics’ Circle voted not to give a prize for best musical this season, implicitly endorsing The Band’s Visit‘s Tony Award ambitions and rejecting Broadway’s other new musicals.

“It does bode well for The Band’s Visit,” Critics’ Circle President Adam Feldman said in an interview.

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‘BAND’S VISIT’ SHOULD WIN & MAY NOT & OTHER TONY TAKES

May 1, 2018 by Philip Boroff

Erika Henningsen in Mean Girls

BEST MUSICAL SUSPENSE: There were just seven new musicals on Broadway this season, the fewest in at least a decade. Only one received “Critic’s Pick” from the New York Times and generally great reviews: The Band’s Visit, about an Egyptian ensemble stranded in a sleepy Israeli town. It has a now-Tony-Award-nominated score by David Yazbeck that’s packed with prospective cabaret standards. As expected, it did well, collecting 11 nominations this morning. But a source of its integrity, the understated drama — its “zero razzle-dazzle,” as New York Magazine‘s Sara Holdren put it — could be a liability with road presenters, who represent a chunk of the roughly 840 Tony voters.Continue Reading

DISNEY CUTS ‘FROZEN’ PRICES

April 30, 2018 by Philip Boroff

Frozen/ Deen van Meer

EXCLUSIVE: Maybe Frozen isn’t critic-proof after all.

Following mixed reviews and turmoil in the secondary market, Disney has cut some ticket prices for the musical — one of the most highly anticipated of the season.

The best orchestra seats for Tuesday and Thursday of this week were originally $227.50, according to a February group sales memo from Disney.  As of Monday afternoon, Ticketmaster was offering three tickets 11th-row center at the St. James for Tuesday for $100 less — $127.50 each — plus fees. Other center orchestra for both nights near the stage are $169.50. Balcony seats that were $99.50 are now $79.50.

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HOW ‘HAMILTON’ MAKES MONEY BY MAKING NEWS

April 27, 2018 by Philip Boroff

Original cast at the White House

LAST OF A SERIES: When the cast of Hamilton visited the White House on March 14, 2016, President Obama joked that the musical was the only thing that he and Dick Cheney agreed on. 

The excursion was a PR coup at a bargain price. It cost just $85,000, according to a financial statement filed with New York State by Hamilton Uptown LLC, which presents the juggernaut on Broadway. That’s a fraction of what a production spends to stage a single number on the Tony Awards. Hamilton Uptown bused the cast to Washington and put them up overnight, but they weren’t paid extra to perform on their day off, according to three people familiar with the trip.

Actors were told their attendance was optional. A White House gig is traditionally an honor, and this one yielded wall-to-wall news coverage and YouTube videos that have been viewed more than 23 million times. A production spokesman declined to comment.Continue Reading

‘HAMILTON’ PAYS MIRANDA & SELLER TENS OF MILLIONS A YEAR

April 26, 2018 by Philip Boroff

SECOND IN A SERIES: Lin-Manuel Miranda’s hip-hop juggernaut is the first single-author show to win a Tony Award for best new musical since Jonathan Larson’s Rent, in 1996. With no writing partner to share the mammoth royalties and profits, the 38-year-old composer-lyricist-librettist and actor stands to earn hundreds of millions of dollars should Hamilton have a long life.

Miranda amassed $12.7 million in author royalties and profit participation from the Broadway production in the 12 months ending in July 2017, according to a production financial statement filed with the office of New York Attorney General Eric Schneiderman. That’s more than the $11.6 million median annual compensation for a large-company chief executive, based on a recent Wall Street Journal analysis.

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‘HAMILTON’ PROFITS SHOT PAST $160 MILLION LAST YEAR

April 25, 2018 by Philip Boroff

PART ONE OF A SERIES: Nearly three years after storming Broadway, Hamilton remains unrivaled in its moneymaking.

Current cast of Hamilton/Joan Marcus

The original production, which began previews at the Richard Rodgers Theatre in July 2015, distributed more than $102 million of profit through November 2017, according to documents filed with New York State. A Chicago engagement and tour that started in San Francisco paid out another $62 million through July 2017.

“Even after adjusting for inflation, it’s hard to imagine a show churning out profits the way this one is,” said Jeffrey Eric Jenkins, a producer and theater professor at the University of Illinois at Urbana-Champaign.

We estimate that profits to-date for the Hamilton empire, which now has outposts in London and a second tour in Salt Lake City, exceed $250 million. Lead producer Jeffrey Seller declined to comment for this series through a spokesman, Sam Rudy.Continue Reading

BROADWAY HAS RECORD SALES FOR 8-PERFORMANCE WEEK

April 9, 2018 by Philip Boroff

Bruce Springsteen/Rob DeMartin

There’s New Year’s week, when the city is packed with tourists and many shows have nine performances, and then there’s every other week. Last week was a record for the latter.

Bruce Springsteen, Denzel Washington, Harry Potter, Frozen and spring break for public schools lifted Broadway to its highest-grossing week that didn’t coincide with the New Year’s holiday. It was the fifth-highest-grossing week in history.

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KID-FRIENDLY SHOWS REACH A THIRD OF BROADWAY SALES

March 19, 2018 by Philip Boroff

Jamie Parker as Harry Potter/ Photo by Manuel Harlan

EXCLUSIVE: This season, every night is kids’ night on Broadway.

While theatergoers still pay up for Lin-Manuel Miranda’s historical hip-hop, Broadway’s fastest-growing onstage demographic are princesses, princes, witches and wizards. With the Harry Potter plays and Mean Girls early in previews and Frozen opening on Thursday, family-friendly sales are likely to stay elevated.

Broadway Journal hasn’t crunched the numbers for every season, so we can’t say that family show sales are at record levels — but industry veterans we spoke to said it seems that way.

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CRITIC PROOF? DISNEY RAISES ‘FROZEN’ PRICES FOR 2019

March 14, 2018 by Philip Boroff

Frozen/ Deen van Meer

EXCLUSIVE: The Frozen fractals appear to be falling into place for Disney.

Reviews aren’t out until the March 22 opening of Disney Theatrical Productions’ adaptation of the 2013 blockbuster animated film, but it has already raised prices for performances next year.

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NOR’EASTER PUTS DAMPER ON BROADWAY GROSSES; ‘CAROUSEL,’ ‘FROZEN’ SHINE

March 5, 2018 by Philip Boroff

Disney’s Frozen and Scott Rudin’s revival of Rodgers and Hammerstein’s Carousel performed promisingly in an otherwise wet and dismal week.

Frozen was a near sellout, grossing $984,000 in five previews. Its composers, Robert Lopez and Kristen Anderson-Lopez, picked up their second Academy Award last night, for best original song with Remember Me, from the Disney film Coco, which shouldn’t hurt Frozen‘s prospects when it opens at the St. James on March 22.

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