Jason Laks

BROADWAY TAX CREDIT POOL IS DEPLETED

July 17, 2025 by Philip Boroff

EXCLUSIVE: A key subsidy for commercial plays and musicals is out of money.

The Broadway League held a video meeting with members on Tuesday afternoon to disclose the depletion of the four-year-old New York City Musical and Theatrical Production Tax Credit program. Shows that begin public performances by Sept. 15 may still receive the subsidy — of up to $3 million for Broadway productions. Shows that start later won’t be eligible.Continue Reading

BROADWAY’S OLDER AUDIENCE STAGES A COMEBACK

February 4, 2025 by Philip Boroff

With concerns about Covid on the wane, aging theatergoers returned to Broadway last season, according to a new report by the Broadway League.

As the audience shrank modestly for every age group under 50 years old, ticket buyers who are 50 and up increased, according to the trade association’s new demographic study.Continue Reading