‘Hamilton’ Inc.: The Path to a Billion-Dollar Broadway ShowBreaking News
tags: Broadway, Hamilton
On Broadway, “Hamilton” is consistently selling out all 1,321 seats at the Richard Rodgers Theater and is currently grossing about $1.9 million a week in ticket sales. Simply by maintaining that pace, the show would bring in nearly $100 million a year (that’s grosses, not profits). But there is reason to expect that figure to rise. In a bid to blunt profiteering — the widespread scalping of tickets at highly marked-up prices — the show may soon raise prices above the current ceiling of $475 for premium seating.
At $100 million a year, the Broadway production of the show would pass the $1 billion mark in a decade. The show’s current pace will be tough to sustain, but not unimaginable — “Wicked” this year set a record by reaching the $1 billion mark on Broadway in just over 12 years, and “Hamilton,” although running in a smaller theater, has higher ticket prices.
comments powered by Disqus
- Letters from young Obama show a man trying to find his way
- Documents: U.S. Embassy Tracked Indonesia Mass Murder 1965
- Tufts Project Maps The Landmarks Of Black Boston
- Asp – or ash? Climate historians link Cleopatra's demise to volcanic eruption
- Victor Davis Hanson says we shouldn’t be rushing to war with North Korea
- Bill Moyers interviews James Whitman about his shocking book
- Cornelia Bailey, Champion of African-Rooted Culture in Coastal Georgia, Dies at 72
- Sexism in the history department at West Point alleged
- A Conversation About American Racism with Ibram X. Kendi