Broadway Braces for a Squeeze
November 19, 2008 § Leave a comment
As the economy continues to suffer, many of the Broadway houses are struggling to sell tickets for the reminder of the season. However the bigger concern should be next year and the following years, according to this New York Times article. Many theatres have already sold tickets and completed much of their fundraising for this fiscal year. The real struggle for ticket sales and earned income will start to show next fall, as organizations begin to raise money for next season.
While some feel the struggling economy will have a negative affect on ticket sales, there are a handful that hope Broadway will get back to focusing on the art. There has always been a struggle between art and money, currently money wins out. Maybe this is a chance foe the balance to lean more towards the art?