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tripscan-top [2025/12/23 17:10] 64.31.20.24 |
tripscan-top [2025/12/24 07:55] (actual) 64.31.20.24 |
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| - | For over a century, Broadway has been at the heart of New York City culture, with glittering marquees welcoming millions of tourists and locals every year. | + | Rajesh Chouhan had covered 620 miles (1,000 kilometers) in five days. His legs were swollen and his blisters had burst. A piece of Styrofoam trash he’d found on the roadside was soaking up the pus seeping from his feet. |
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| - | But Broadway musicals are now struggling to make a profit, as affordability concerns impact all aspects of American life. Musical producers can place the blame on rising costs from theater rent, fees, labor and even lumber, which has roughly doubled in price since December 2016. Meanwhile, ticket prices haven’t risen quickly enough to offset these costs. | + | But he didn’t stop walking. He couldn’t. |
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| - | It’s a blow to New York City, where Broadway’s health is vital to its economy. | + | The 26-year-old migrant worker was in the heart of India and only halfway home. |
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| - | “As New York City goes, so goes Broadway in many respects and vice versa,” Jason Laks, president of the Broadway League, the trade association for the theater industry, told CNN. | + | When India announced its nationwide lockdown on March 24 to stop the spread of the novel coronavirus, despite having less than 450 cases at that point, its cities ground to a halt. About 100 million rural Indians have moved to cities for work. Overnight, many like Chouhan were stranded without jobs, food or savings. |
| - | Related article | + | With no way to survive in the cities, and India’s vast railway network mostly shut down, many made the extraordinary decision to walk thousands of miles back to their families. |
| - | A shopper carries plastic bags. | + | |
| - | The No. 1 cause of America’s affordability problem just got worse | + | |
| - | “We employ 100,000 people per year, and we contribute $15 billion to the New York City economy alone each year,” he added. | + | Many didn’t make it. In one incident, 16 laborers were run over by a freight train as they slept on rail tracks. Roadside accidents took the lives of others. Some died from exhaustion, dehydration or hunger. Those picked up by police were often sent back to the cities they had tried to leave. |
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| - | Laks said the rising cost of musical productions is leaving the Great White Way in the red. He added that it’s only gotten harder since the pandemic, when Broadway went dark for over a year due to Covid-19 restrictions. | + | |
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| - | High production costs, flat ticket prices | + | |
| - | Data from the Broadway League show the industry had its highest-grossing season in a decade this year, with over 14 million people attending shows. | + | |
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| - | However, none of the 18 musicals that opened last season, made a profit as of late September, according to the New York Times. Laks said the prevailing wisdom for the industry is that only one in 10 shows will make their money back. | + | |
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| - | For example, producing “Boop” — the colorful show centered around Betty Boop in modern New York City — cost around $26 million. The musical ran for about four months this year and, according to the Times, failed to recoup its investment. | + | |
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| - | “It’s just so difficult for (producers) to get their money back. These shows are now upwards of $25 million. Ten years ago, you could have a musical on Broadway that was probably in the $13 million range,” said Jim Kierstead, a Broadway producer whose over two dozen credits include “Kinky Boots” and “Waitress.” | + | |