Time: 2024-07-03
Last week, Broadway's overall box office took a spill, dropping a little over 7% to $34,783,390 over the 30 currently running shows. Two shows closed the week prior, but there were still some standout performances. The revival of Merrily We Roll Along reached new heights, breaking house records and becoming the top grosser on Broadway for the first time in its run. The show, which is set to close on July 7, brought in an impressive $2.32 million in its penultimate week.
Jinkx Monsoon, the two-time RuPaul's Drag Race winner, also had a stellar week as Matron "Mama" Morton in Chicago, helping boost ticket sales. The Tony-winning Merrily We Roll Along and Jinkx Monsoon's performances are examples of how strong performances can drive ticket sales and make a show a top earner on Broadway.
The top five earners on Broadway last week included The Lion King, Wicked, Hamilton, Cabaret, and the Best Musical winner The Outsider. The Outsider saw a steady increase in ticket sales post-Tony Awards, bringing in $1.34 million and securing a spot among the top earners. The musical continues to perform well and exceed expectations in its run.
Despite having half the seating capacity of its competitors, Merrily We Roll Along managed to outgross even The Lion King last week. The show's average ticket price of $300.44 was almost double that of The Lion King, showing that quality performances can lead to higher revenue even with fewer seats available.
In addition to Merrily We Roll Along, other productions like The Outsiders, Hells Kitchen, and Cabaret also set house records and performed well at the box office. Even with some shows seeing drops in attendance and revenue, Broadway as a whole has seen a 10% increase in gross revenue compared to last year at this time.
As Broadway continues to settle into its post-Tony Awards summer season, it is clear that strong performances and well-received shows can drive ticket sales and make a production a top earner. With a diverse range of shows on offer, there is something for everyone on Broadway, ensuring that audiences continue to flock to theaters in New York City.