I mean. It's more than just raising the prices. It's impressive when people will buy them at the price.
"You can't overrate Bernadette Peters. She is such a genius. There's a moment in "Too Many Mornings" and Bernadette doing 'I wore green the last time' - It's a voice that is just already given up - it is so sorrowful. Tragic. You can see from that moment the show is going to be headed into such dark territory and it hinges on this tiny throwaway moment of the voice." - Ben Brantley (2022)
"Bernadette's whole, stunning performance [as Rose in Gypsy] galvanized the actors capable of letting loose with her. Bernadette's Rose did take its rightful place, but too late, and unseen by too many who should have seen it" Arthur Laurents (2009)
"Sondheim's own favorite star performances? [Bernadette] Peters in ''Sunday in the Park,'' Lansbury in ''Sweeney Todd'' and ''obviously, Ethel was thrilling in 'Gypsy.'' Nytimes, 2000
Personally, I'd rather them raise prices now to help recoup quicker in hopes of it running longer. I was there last night and there were a few random black chairs in the isles people were sitting in.
congrats and very happy for this show!! I see them bringing in $1 million a week throughout the summer.
A Chorus Line revival played its final Broadway performance on August 17, 2008. The tour played its final performance on August 21, 2011. A new non-equity tour started in October 2012 played its final performance on March 23, 2013. Another non-equity tour launched on January 20, 2018. The tour ended its US run in Kansas City and then toured throughout Japan August & September 2018.
Wow, really not in the mood for an After Eight discussion tonight. So I'm just going to be happy for this show that I love. Congrats, Once, here's to a long and healthy run.
That still nearly $200,000 less than their maximum possible gross so i think they will likly be lowering their prices back to the $130 come fall and or offering a dicount
Great gross though and congrats to Once and Newsies for not being on TKTS at all this week, but that also means Newsies still outgrossed Once despite its tickets costing less and having a maximum gross $100,000 less than Once.
Disney's premium priced tickets for their shows are $199, I doubt either Once or Newsies would be able to charge the $477 Book of Mormon charges for premium tickets although I've noticed while the grosses are still high, they don't seem to selling as many premium tickets.
not that it will help increase their maximum grosses, but that there won't be the demand at that price aka econ 101 as price increases law of Diminishing Returns also increases (There are exceptions but Once is no blockbuster)
They are a for-profit production. Their goal isn't to get the public to see theatre, like say, the PUBLIC theater.
We can talk all about the merits of government-supported, public theatre, which is much more common in the UK and other countries and I happen to think it's phenomenal, but this is not a "public" show.
The show does offer rush for EVERY performance and SRO so it's not like it's impossible to get an affordable ticket if you're really dedicated to it. The ability to raise ticket prices and make profit are the reasons we have private theatre. If the government won't be sponsoring the arts (and it seems like that's becoming even less common,) we have few alternatives other than to accept and enjoy private theatre.
Scratch and claw for every day you're worth!
Make them drag you screaming from life, keep dreaming
You'll live forever here on earth.
Total revenue versus change in price is related to elasticity of demand.
The law is also diminishing MARGINAL returns. There is no such law that states as you increase price you decrease profit or no one would ever increase prices. The law instead states that each price increase results in a smaller jump in revenue. That's why there is often a finite price or "tipping point" in which increasing price can actually decrease profit.
Scratch and claw for every day you're worth!
Make them drag you screaming from life, keep dreaming
You'll live forever here on earth.
^I think it depends on the show. Once, as much as I love it, may need to do some serious price reevaluation by the end of the summer. However, I understand their big price increases over the summer to really milk the "I wanna see whatever won best musical and I don't care what it's about or how much it costs" Broadway snobs who live in the suburbs and think they're theatre experts because they go to one show a year.
Scratch and claw for every day you're worth!
Make them drag you screaming from life, keep dreaming
You'll live forever here on earth.
"The only show to raise prices" THIS YEAR. They were, after all the biggest winner of the night.
And so WHAT if they lower prices again in the fall? If they can get it now, good for them.
If we're not having fun, then why are we doing it?
These are DISCUSSION boards, not mutual admiration boards. Discussion only occurs when we are willing to hear what others are thinking, regardless of whether it is alignment to our own thoughts.
We should have to post sarcasm in a different color so we can see it, since we can't always hear it!
But actually, I was refering to all the holier-than-thou crap. Like they don't have the right to raise their prices. (And BDN's need to try to prove that Newsies is so much more "noble" a show)
If we're not having fun, then why are we doing it?
These are DISCUSSION boards, not mutual admiration boards. Discussion only occurs when we are willing to hear what others are thinking, regardless of whether it is alignment to our own thoughts.