Broadway Grosses w/e 5/26/2024
Ken Davenport Blog
by Ken Davenport
4d ago
The top 10 grossing shows from the week ending on 5/26/2024 include The Lion King, Wicked, Hamilton, Cabaret at the Kit Kat Club, Merrily We Roll Along, Hell’s Kitchen, MJ the Musical, The Wiz, Aladdin, and Harry Potter and the Cursed Child. See some quick data points below. Number of Shows on Broadway: 34 Previous Week: 35 Total Gross: $35,295,405.35 Previous Week: $36,381,957.90 Total Attendance: 287,246 Previous Week: 292,642 Average Capacity: 9,242 (91.42%) Previous Week: 9,152 (91.36%) Average Paid Admission: $119.35 Previous Week: $120.93 Check out the individual show grosses for the we ..read more
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Somebody had to do it (and I’m thankful for it).
Ken Davenport Blog
by Ken Davenport
1w ago
Simple 3 step business formula: Find something that causes a person a lot of pain.   Come up with a solution to that pain.   Sell that solution. Here’s something that has been causing Producers a lot of pain. Ironically, it was born from something giving Producers a lot of pleasure: The New York City Musical and Theatrical Production tax credit. The tax credit is a credit of up to $3mm (!) for shows that opened (or are opening) during these very tenuous post-Covid times . . . when costs are higher, and fewer people are coming. (Hey suburbanites – I’m talking to you!  ..read more
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Broadway Grosses w/e 5/19/2024
Ken Davenport Blog
by Ken Davenport
1w ago
The top 10 grossing shows from the week ending on 5/19/2024 include The Lion King, Cabaret at the Kit Kat Club, Hamilton, Wicked, Merrily We Roll Along, Hell’s Kitchen, MJ the Musical, The Wiz, The Great Gatsby, and Aladdin. See some quick data points below. Number of Shows on Broadway: 35 Previous Week: 34 Total Gross: $36,381,957.90 Previous Week: $35,727,376.57 Total Attendance: 292,642 Previous Week: 286,841 Average Capacity: 9,152 (91.36%) Previous Week: 9,316 (90.56%) Average Paid Admission: $120.93 Previous Week: $122.42 Check out the individual show grosses for the week ending on May ..read more
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3 Reasons Why May Sales on Broadway Are Mediocre (at best!)
Ken Davenport Blog
by Ken Davenport
2w ago
“Beware the Ides of March May!” Getting through the winter on Broadway is tough.  Once you do emerge from the frozen box office tundras of January, February (and even March), it’s easy to think it’s smooth sailing to the summer. Then you get to May.   Talk to anyone about the “worst” times of the year for Broadway sales, and you’ll hear the above-mentioned winter months and September.  And it’s true.  Those months suck.  Great grossing shows on their way to recoupment can take a few steps backwards during these tricky times (especially these days, when fewer peop ..read more
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Broadway Grosses w/e 5/12/2024
Ken Davenport Blog
by Ken Davenport
2w ago
The top 10 grossing shows from the week ending on 5/12/2024 include The Lion King, Cabaret at the Kit Kat Club, Hamilton, Wicked, MJ the Musical, The Wiz, Moulin Rouge! The Musical, Merrily We Roll Along, Hell’s Kitchen, and Aladdin. See some quick data points below. Number of Shows on Broadway: 34 Previous Week: 35 Total Gross: $35,727,376.57 Previous Week: $34,757,295.51 Total Attendance: 286,841 Previous Week: 289,947 Average Capacity: 9,316 (90.56%) Previous Week: 9,389 (88.24%) Average Paid Admission: $122.42 Previous Week: $117.61 Check out the individual show grosses for the week endin ..read more
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Broadway Grosses w/e 5/5/2024
Ken Davenport Blog
by Ken Davenport
3w ago
The top 10 grossing shows from the week ending on 5/5/2024 include The Lion King, Cabaret at the Kit Kat Club, Sweeney Todd: The Demon Barber of Fleet Street, Hamilton, Wicked, The Wiz, MJ the Musical, Merrily We Roll Along, Moulin Rouge! The Musical, and Hell’s Kitchen. See some quick data points below. Number of Shows on Broadway: 35 Previous Week: 36 Total Gross: $34,757,295.51 Previous Week: $37,553,463.90 Total Attendance: 289,947 Previous Week: 307,754 Average Capacity: 9,389 (88.24%) Previous Week: 9,291 (92.01%) Average Paid Admission: $117.61 Previous Week: $119.98 Check out the indi ..read more
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Here’s a trend that will (and should) continue.
Ken Davenport Blog
by Ken Davenport
1M ago
The onslaught of new musicals this spring made folks change-up their normal operating procedure. Competing shows opened on the same night.  Ad campaigns were created in 48 hours.  Creatives were working on two or more shows at once. One byproduct of our overstocked pond could end up as a Broadway version of Viagra – in the way that Viagra was meant to solve one problem (heart disease) and ended up solving an entirely different one.  Here’s what happened: At least two shows I know of had challenges scheduling their opening nights.  As I wrote about in this blog, Broadway sh ..read more
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Tony Awards 2024 Nominations Full List – April 30, 2024
Ken Davenport Blog
by Ken Davenport
1M ago
This morning on April 30, 2024, Tony Award winners Renée Elise Goldsberry and Jesse Tyler Ferguson announced the nominees for the 77th Annual Tony Awards. This season, 36 musicals and plays were eligible – which means 36 musicals and plays opened on Broadway during the eligibility period from April 28, 2023 to April 25, 2024. Congrats to ALL 36 musicals and plays that made it to Broadway! And congratulations to all this year’s nominees. Hell’s Kitchen and Stereophonic tie for the most Tony nominations this year. To see each category, scroll for the complete list. And tune in to watch Ariana D ..read more
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What a “1 for X” Deal Means In Broadway Investing & Producing.
Ken Davenport Blog
by Ken Davenport
1M ago
You’ve heard it before. But maybe you haven’t quite understood it. And don’t worry, you’re not alone.  I’d bet a “1 for 1” deal on Hamilton that a huge percentage of people who HAVE “1 for X” deals on Broadway as an Investor or Producer don’t quite understand what they mean or how they’re calculated. What further complicates it are the different ways they are offered.   It took me a long time to get it.  And sometimes I still have to sit down and draw pictures and do old fashioned algebra to figure it out.   That’s why I decided to break down for you (and me!) in ..read more
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Broadway Grosses w/e 4/21/2024
Ken Davenport Blog
by Ken Davenport
1M ago
The top 10 grossing shows from the week ending in 4/21/2024 include The Lion King, Wicked, Hamilton,  MJ the Musical, The Wiz, Moulin Rouge! The Musical, Sweeney Todd: The Demon Barber of Fleet Street, Aladdin, Merrily We Roll Along, and Harry Potter and the Cursed Child. See some quick data points below. Number of Shows on Broadway: 36 Previous Week: 36 Total Gross: $34,650,614.34 Previous Week: $35,535,213.75 Total Attendance: 299,107 Previous Week: 292,028 Average Capacity: 9,078 (91.53%) Previous Week: 8,916 (90.98%) Average Paid Admission: $112.58 Previous Week: $118.39 Check out th ..read more
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