How long will it take for Cinderella to recoup?

Littleshopofcarrie
Broadway Star
joined:12/9/12
Noel&Cole
Leading Actor
joined:11/10/07
I don't think they will recoup. At least not in the Broadway run. Although perhaps the tour will put them over the edge and into recoupment
mjohnson2
Broadway Star
joined:11/2/13
Cinderella had an estimated cost of $14 Million to stage on Broadway.
According to Playbill Vault, Cinderella has an average capacity of 78%, with an average ticket price of $88. Because the budget of Cinderella was around 1.45x that of an average show, I will estimate its running costs of that of 1.45x of an average broadway musical, which would give it an average weekly running cost of $855,143, but because the running costs don't increase on a slope of 1 with a budget, closer to a .85 slope, I'll estimate its weekly running costs of $750,000 a week. Based on average ticket prices and capacity, multiplied by the 1,761 seats in the broadway theatre and the 8 shows that it runs per week, Cinderella makes $967,000 dollars a week, or $217,000 in profit per week. This would mean that it would have to run for 64.5 weeks, or 516 performances. So, with room for error, I would say that Cinderella has to run for 500 performances, give or take, running at the current average in order to turn a profit.

You taste the silver Sara, you taste the crown, you thirst for blood from the roses in hand, oh you spoil for sash and scepter doing a dance, as they crown you queen of High School Land.
Updated On: 11/13/13 at 06:59 PM
mjohnson2
Broadway Star
joined:11/2/13
Of course in regards to running costs, the higher the budget, the lower the per dollar weekly running cost there will be, so just because a show has a budget of $75 million (Spider-Man), doesn't mean that the running costs will be 4.4 million a week. Also, you have to consider that probably a higher portion of the budget goes into the production (staging and actors' salaries) of a show like Cinderella than that of Spider-Man, due to other fees that are higher in Spider-Man proportionally, such as hiring Bono and the Edge to write the music and Julie Taymor as a director would cost more in the beginning, but in regards to running costs wouldn't have as much of an effect on it.
You taste the silver Sara, you taste the crown, you thirst for blood from the roses in hand, oh you spoil for sash and scepter doing a dance, as they crown you queen of High School Land.
mjohnson2
Broadway Star
joined:11/2/13
Sorry, last thing. I can also safely say that Cinderella will not make it to 500 (give or take) performances due to the fact that the weekly gross has been going down below my $750,000 estimation of running costs fairly regularly. Though it will pick up in December, and has been in November, shows characteristically drop a lot in January and February, as does most entertainment ventures, and considering that Cinderella is border lining the profit margin weekly, it will not survive the usual 10% drop in non-mega-hit shows that comes in the winter months, and will therefore close before the 500 performance mark. In addition, the average capacity will keep going down, and Cinderella will therefore have to run for even longer to make back its money, which will be less and less likely to happen.
You taste the silver Sara, you taste the crown, you thirst for blood from the roses in hand, oh you spoil for sash and scepter doing a dance, as they crown you queen of High School Land.
beautywickedlover
Broadway Legend
joined:6/28/07
Hopefully, they can recoup through the tour like 'Into the Woods' did. I imagine it will definitely be here past the show's 1 year anniversary, but as far as past summer 2014 I'm not sure.