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Broadway Grosses: Week Ending 2/21/16 |
Forgive me if this is a naive question, but is ticket price the only thing calculated into the grosses? I'm curious how a show can be over 100% of its potential gross (see, of course, Hamilton at 131%).


joined:5/15/03
joined:
5/15/03
Welcome to Premium Tickets. :)
I thought premium tickets would be included in the potential gross since those prices are set by the producers.
Nice to see Noises Off doing so well!
Blackbird and Disaster!'s numbers are pretty dire, but that's not unexpected. It seems when Morrison left, so did Neverland's audiences. And King and I had a rather pathetic week too: was Kelli out?
joined:7/29/08
joined:
7/29/08
woeisme3 said: "Nice to see Noises Off doing so well! Blackbird and Disaster!'s numbers are pretty dire, but that's not unexpected."
You certainly shouldn't compare the numbers of a two person play to those of a musical. You realize they have vastly different running costs?
Does anyone know the running cost for Fun Home? Are they doing OK?


joined:7/24/15
joined:
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woeisme3 said: "And King and I had a rather pathetic week too: was Kelli out?"
Yup. Scheduled vacation week for her.
neonlightsxo said: "Does anyone know the running cost for Fun Home? Are they doing OK?"
fun home has a small cast and band. I'm sure they are doing fine. I'm more worried about AAIP.
Is there a reason why Bright Star didn't report their numbers? Wondering if this is going to make it...
Bright Star doesn't start previews until Thursday.
How can Hamilton lose profits? They have a sold out house every night. Does this have to do with merchandise also, or just ticket sales, because I can't fathom how they could possibly have less from ticket sales.
NJ_BroadwayGirl said: "Forgive me if this is a naive question, but is ticket price the only thing calculated into the grosses? I'm curious how a show can be over 100% of its potential gross (see, of course, Hamilton at 131%)."
My guess is they include the money they make from the lottery in the gross. Also who said Hamilton is not making money?
pupscotch said: "How can Hamilton lose profits? They have a sold out house every night. Does this have to do with merchandise also, or just ticket sales, because I can't fathom how they could possibly have less from ticket sales."
The average ticket price was down by a few dollars, which probably accounts for the very small drop in grosses. For a show like HAMILTON, $40'000 is pocket change.
Is it me or has this winter not been as harsh as others? My memory might just be exaggerating the drops in previous winters. I have to say the Broadway lineup right now is absolutely stellar.
Call_me_jorge said: "My guess is they include the money they make from the lottery in the gross."
But that wouldn't even be $2,000 a week. Not enough to put you 31% over potential gross. I'm wondering if this gross is including profit from Ticketmaster resale.
Premium ticket prices are not accounted into gross potential. Those tickets are calculated as regular price because if a premium ticket goes unsold, it is usually dropped to regular price. The premium price ticket is basically a commodity fee that you are paying X extra than a regular priced ticket to get a seat with a perfect view. So when a show sells premium priced tickets, all of that money from that sale over the other regular priced tickets goes into the higher gross profit percentage which explains why Hamilton's is so high, since they sell out of the premium priced tickets.
I think I explained that good. If something isn't clear let me know.
Great explanation thank you! I wasn't aware that the premium value was above and beyond. Makes sense now.
Great explanation thank you! I wasn't aware that the premium value was above and beyond. Makes sense now.
Great explanation thank you! I wasn't aware that the premium value was above and beyond. Makes sense now.


joined:12/4/07
joined:
12/4/07
Additionally, SRO tix aren't added to the gross potential, so that helps in the overage. (not anywhere as much as the premium seats though.)
neonlightsxo said: "woeisme3 said: "Nice to see Noises Off doing so well! Blackbird and Disaster!'s numbers are pretty dire, but that's not unexpected."
You certainly shouldn't compare the numbers of a two person play to those of a musical. You realize they have vastly different running costs?
"
Wasn't looking at running costs- was looking at gross potential, where Blackbird and Disaster are both below 50 percent.
again, woeisme, the gross potential is meaningless, unless it is tethered to the nut. If a show costs $250k to run, and is grossing $500k, it does not mean diddily squat that it is only grossing half its potential.If it costs $1mil to run and is grossing $750k which happens to be 100% of its potential, that means a lot.







joined:5/3/03
joined:
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Posted: 2/22/16 at 3:04pm