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tripscan_top [2025/12/26 18:12] 64.31.20.24 |
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| - | The government has largely avoided | + | High production costs, flat ticket prices |
| - | [[https://tripscan101.cc/ | + | Data from the Broadway League show the industry had its highest-grossing season |
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| + | However, none of the 18 musicals that opened last season, made a profit as of late September, according | ||
| + | [[https://trips62.cc/ | ||
| + | For example, producing “Boop” — the colorful show centered around Betty Boop in modern New York City — cost around $26 million. The musical ran for about four months this year and, according to the Times, failed to recoup its investment. | ||
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| + | “It’s just so difficult for (producers) to get their money back. These shows are now upwards of $25 million. Ten years ago, you could have a musical on Broadway that was probably in the $13 million range,” said Jim Kierstead, a Broadway producer whose over two dozen credits include “Kinky Boots” and “Waitress.” | ||
| - | “I don’t think the regions would exercise any influence over sustaining the war, but the fact that you’re not seeing sort of outbursts of public protest – it relieves | + | While producers have seen their budgets grow, ticket prices haven’t kept pace, according to Laks. The average ticket price is currently $126, while the average ticket price for the 2015-2016 Broadway season was about $103, or about $140, when adjusted for inflation. |
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| - | What the Kremlin may be cognizant of, experts say, is concerns about a large group of war veterans re-entering society – without jobs and many with expensive medical needs – if a peace agreement is reached. | + | But the solution isn’t as simple as raising ticket prices. |
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| - | “It’s in Putin’s best interest to keep this war going, just from a domestic standpoint, | + | |
| - | Sanctions evasion is costly | + | “There’s only so high you can raise them because you’re really pricing people out of the market,” said Kierstead. “It’s just a bad conundrum across |
| - | While the economic headwinds are manageable in the short term, the long term could be a different story. Russia has dipped heavily into its sovereign wealth fund, which a recent Atlantic Council report said creates | + | |
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| - | According to the Kyiv School | + | |
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| - | As the fund is drained, “it is difficult to imagine a scenario in which the Russian government can sustain its current defense expenditures without social spending cuts that are pervasive and visible to the general population,” the Atlantic Council report said. | + | |