A Will It Recoup Update. How is Broadway doing this Spring?
You forgot about this contest, didn't you?
Back in February, we launched our second 'Will It Recoup' fantasy Broadway investment game and put a Kindle on the line.
The name of the game says it all (just like the name of your show should reflect exactly what your show is about). It's your job to pick the winners from the floppers in the Spring season.
So how are you (and the Broadway Producers) doing so far?
Here's what we know and what we don't:
A View from the Bridge: RECOUPED!
The Miracle Worker: Did NOT recoup.
A Behanding in Spokane: Did NOT recoup.
Next Fall: Did NOT recoup.
Looped: Did NOT recoup.
Red: RECOUPED!
Lend Me A Tenor: Too soon to tell.
Fences: RECOUPED!
Enron: Did NOT recoup.
So that makes a total of 3 Broadway shows out of 9 that have recouped already. That's a pretty bountiful Spring, considering the statistical average is 1 out of 5 (although it is certainly not a coinky-dink that two of the three shows that have recouped featured Hollywood mega-stars Denzel Washington and Scarlett Johansson).
Still, the game is not over. We've still got one show on the fence. We could have quite a good year if it falls into the win column.
How are you doing?
Well, there are 27 of you who picked those three shows to recoup, and the five shows that did not. 27 of you are still in the money!
So…it all comes down to Lend Me a Tenor.
See you in August!
2 Responses to A Will It Recoup Update. How is Broadway doing this Spring?
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Well, if you read our book, “Stage Money: The Business of the Professional Theater,” you’d know that the percentage of recouping Broadway shows, in the period from 1999-2000 to the present is NOT 20 percent, but very close to one-third.
Interesting Tim! But with the influx of limited engagements with Hollywood stars, that percentage probably wavers with how starry the casts are! Looking forward to buying the book though! I’m going to check Amazon today!