Even in a recession, Broadway offers an escape
March 11, 2009
As the economy falters, there has been much discussion about its impact on the arts. And although slight dips are seen here and there (golden child ‘Wicked’ was down four percent earlier this year, for example), it appears that Broadway is alive and well, yesterday’s New York Times reported. But as the article states, not the same can be said for Off-Broadway, as finding necessary backers for a show becomes more challenging.
I have no doubt that my friends in the Off-and Off-Off Broadway communities will scratch their heads as the $31 million Spider-Man-musical stomps to Broadway in early 2010.