Broadway exhibits have decrease attendance than they did earlier than the pandemic, and make much less cash, however “we’re now not in restoration,” Broadway producer Ken Davenport says. “That is the brand new regular.” However, whereas there are unmistakeable challenges, there are a number of causes he’s optimistic about its future.
Davenport was delivering what he known as The State of the State on Broadway, a webinar over Zoom that, within the ten slides beneath, lay out:
the statistics on the 2023-2024 season;
how they examine to the final season earlier than the pandemic;
a change within the demographics (the largest proportion fall-off shouldn’t be in worldwide audiences however in theatergoers from New York Metropolis suburbs)
what sort of exhibits are doing one of the best;
what he sees because the three best challenges (the state of the town — each the way it’s doing and the way it’s perceived to be doing; inflation; the doable phasing out of a state tax incentive for Broadway productions
what he expects from the longer term — pointing to a number of tendencies that give him hope, particularly a youthful and extra various viewers
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