Endangered Species: Plays On Broadway

“According to producers, no new play that has opened on Broadway in the last two and a half years has turned a meaningful profit. With the average cost of producing a new play on Broadway approaching or surpassing $2 million (“Gem of the Ocean” cost $2 million) and the traditional audience for plays seemingly shrinking, producers and playwrights say that a lasting losing streak could have a disastrous effect on the theater as a whole.”