Theatres – Revenue Up, But Also Deficits

The good news for American theatres is that attendance is up 17 percent in the past five years. Contributed income is also up – an astonishing 52 percent above inflation ove the same period. The bad news is that for the first time in the Theatre Communications Guild survey’s 28 years, “more than half – 54 percent – of surveyed companies ran a deficit, a 24 percent increase in the past two years.”