Broadway Grosses Drop 26 Percent as Many Shows Cancel Performances
The New York Times
The surge in coronavirus cases comes at a tough time for the theater industry, which traditionally relies on the holiday season box office.
The surge in coronavirus cases is starting to take a real financial toll on Broadway, just as the industry is attempting to rebound from its lengthy shutdown.
The Broadway League, a trade association, said on Tuesday that its theaters brought in $22.5 million last week. That’s a 26 percent drop from the $30.5 million in tickets sold the previous week; in the week before Christmas in 2019, total grosses were $40.1 million.
The drop in grosses is a reflection of the fact that multiple shows have canceled performances when positive coronavirus tests forced cast or crew members to quarantine and there were not enough understudies or replacement workers for the shows to continue.
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