Friday, March 21, 2008

The "R" Word

The "R" Word

What does the economy have to do with Broadway? Plenty.

And a quick read of Gordon Cox's Variety story in which he examines the fortunes of the Great White Way during the last real r........ -- I can't actually say the word. We may already be in one, but you see I don't want to be accused by anyone of a self-fulfulling prophesy -- and you'll see that during the last r........ before 9/11, the impact meant:

...the number of new productions on the boards dropped to 30 (vs. 39 the season prior)
and

...ticket sales, which in 1989-90 tallied slightly more than 8 million, but then sank to about 7.3 million for the next two seasons.
and

...the 1989-90 cume of $282 million dwindling to $267 million the following season before climbing back up to $293 million in 1991-92.
Let's just hope that if we get in one, we get out quickly.

This is Steve On Broadway (SOB).

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