LAVISH ‘DOLLY!’ EARNS MODEST RETURNS

August 23, 2018 by Philip Boroff

EXCLUSIVE: Investors in Scott Rudin’s celebrated revival of Hello, Dolly! have earned a profit of 5 percent, according to two people familiar with the production.

In a flop-filled business, recouping is considered the benchmark for success, and investors months ago earned back their money. The musical was the talk of the 2016-17 season, won four Tony Awards, and last week was the third-bestselling musical, behind Hamilton and The Lion King. For angels seeking prestige, glamour and the satisfaction of helping to create a revival worthy of the iconic, 1964 original, Dolly delivered and made them money.

Others, however, expected more from a production that’s grossed $126 million.Continue Reading

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.

RUDIN, TENNESSEE WILLIAMS ESTATE TENTATIVELY SETTLE ‘GLASS MENAGERIE’ LAWSUIT

February 8, 2018 by Philip Boroff

Joe Mantello and Sally Field/Julieta Cervantes

EXCLUSIVE: A promising Broadway courtroom drama appears to be closing out of town.

Scott Rudin and the University of the South have agreed in principle to settle the University’s lawsuit alleging that Rudin’s production company failed to pay royalties on his Glass Menagerie revival starring Joe Mantello and Sally Field. Lawyers for both sides filed papers in Federal Court in Tennessee disclosing the tentative deal yesterday, exactly a year after the play began previews at the Belasco Theatre.

FROM ‘OSLO’ TO ‘COME FROM AWAY,’ TONYS PROVIDE BOUNCE

June 19, 2017 by Philip Boroff

The Tony Awards delivered at the box office.

Many winners at Radio City Music Hall on June 11 had their bestselling weeks to-date after being recognized for achievement and, in the case of musicals, making the most of the international platform to present songs from their shows.

MINDICH’S HISTORY-MAKING WIN & OTHER TONY TAKEAWAYS

June 12, 2017 by Philip Boroff

ANALYSIS: The 71st annual Tony Awards opened with Kevin Spacey as Evan Hansen in a goofy polo shirt and cast around his left arm. The ceremony ended moments after an acceptance speech by Dear Evan Hansen‘s producer.

In between there was suspense aplenty at Radio City Music Hall. While Dear Evan Hansen, about a socially anxious teenager caught up in web of lies, was methodically collecting awards, including for score and book, Come From Away won for director, Christopher Ashley. That win raised the tantalizing possibility of an upset by the feel-good musical set in a remote Canadian province after 9/11. Ultimately, Evan Hansen prevailed in a historic night.

PRODUCERS SET TO REVOLT AGAINST TONY STAGE SNUB

June 10, 2017 by Philip Boroff

EXCLUSIVE: The 71st annual Tony Awards may be the site of a Broadway rebellion.

On Sunday, the Tonys — a joint venture of the American Theatre Wing and Broadway League — is seeking to end the practice of dozens of producers rushing the stage at Radio City Music Hall when their show wins. Just six producers will be permitted onstage to accept each major award — for play, musical and play and musical revival — according to an email from League President Charlotte St. Martin and Tony Award Productions that was obtained by Broadway Journal.

‘DOLLY’ SALES DELECTABLE IN BUSIEST WEEK OF 2017: BOX OFFICE

March 20, 2017 by Philip Boroff

‘Dolly’ production photo/Julieta Cervantes

One of the season’s most anticipated musical revivals, the Scott Rudin-produced Hello, Dolly!, got off to a fast start in Broadway’s top-selling and best-attended week of the year.

The show grossed $1.4 million in five previews, according to the Broadway League. Both its $750 top seat and $196 average ticket were second only to Hamilton: An American Musical, which has an $849 top ticket and $267 average last week. The numbers confirm that Dolly!, with Midler singing on Broadway for the first time since Bette! Divine Madness in 1979, is on track to be the top-grossing new production of the spring. The classic last appeared on Broadway two decades ago, with Carol Channing reprising a role she played repeatedly on Broadway and on tour.

HELLO MIDLER! ‘DOLLY’ INTRODUCES $525 TICKET

November 29, 2016 by Philip Boroff

The producer of Hello, Dolly! starring Bette Midler recently raised its top ticket to $525, the most expensive seat on Broadway that isn’t for Hamilton.

Introduced after runaway advance sales, it’s the biggest price ever for a musical revival. As of a few weeks ago, Dolly’s costliest ticket on Telecharge or at the box office was $425. But like Hamilton, it’s exploding on the resale market. Prime Dolly tickets on StubHub exceed $2,000, with seventh row center offered for over $5,000, with fees.

RUDIN SEEKS TO SILENCE ANGELS

November 3, 2016 by Philip Boroff

NEW YORK, NY - MAY 17: Scott Rudin during the 2016 New York Drama Critics' Circle Awards at 54 Below on May 17, 2016 in New York City. (Photo by Walter McBride/Getty Images) — Scott Rudin at the 2016 Drama Critics’ Circle Awards. Walter McBride/Getty

EXCLUSIVE: While expanding Broadway’s boundaries, Scott Rudin is reining in his investors.

The daring and powerful producer is requiring backers to sign away their right to criticize him and the plays and musicals that they’re capitalizing. The unusual provision appears in recent prospectuses obtained by Broadway Journal. It prohibits investors from making “negative remarks orally or in writing in any medium,” including social media, about him, his show or his business practices.

RUDIN PAPERS DEFINE NON-DISPARAGEMENT, NEGATIVE ACT

November 3, 2016 by Philip Boroff

EXCLUSIVE: The first investor non-disparagement clause we found was for the Scott Rudin-produced revival of Arthur Miller’s The Crucible. (Click on the text for easier reading.)