High ticket prices are fuelling a Broadway boom
New York
MUSICALS about the aftermaths of a teenage suicide and a terror attack proved unlikely sensations. Star turns by Bette Midler, Josh Groban, Jake Gyllenhaal and Glenn Close added sizzle. And, led by Hamilton and Hello, Dolly!, the hottest shows started charging once unthinkably high prices for the best seats.
The Broadway season that ended on Sunday was one for the record books. Box-office grosses, which have been climbing since 2013, rose 5.5 per cent, to US$1.449 billion, a new high, according to figures released on Tuesday by the Broadway League, an industry trade group.
Share with us your feedback on BT's products and services
TRENDING NOW
Wealth of Singapore’s 50 richest diverges as OCBC, Sheng Siong boom offsets tech slide
Massive tax bill clouds sale of Singapore land by Malaysian king’s son
Canada’s fight with the US has far bigger stakes than trade
What’s luck got to do with it? Everything, says Malaysian jewellery king Tomei’s chief