Broadway Still on Track to Set New Box Office Records This Season, and More From Last Week's Broadway Grosses
Key Points:
- Broadway grosses fell by over 34% last week to $34 million from $52 million the previous week, primarily due to the end of the premium holiday ticket pricing and fewer performances following the holiday season.
- Attendance also declined, with average ticket prices dropping from $166 during the holidays to $126 last week, reflecting typical post-holiday trends rather than a downturn in demand.
- The number of running shows decreased by two, and there were 20 fewer performances compared to the holiday week, contributing to the overall gross decline; however, fewer show closures than usual is a positive sign for the season's health.
- Despite the weekly drop, the current Broadway season is outperforming last year's figures by nearly 8.5%, even when accounting