Things are crazy in New York! Well I guess that goes without saying, but here I am referring more to things on Broadway. It seems as though good shows are closing faster than usual.
Shows like BIG FISH, FIRST DATE, ANNIE, SPIDERMAN and others have all announced that they will be closing within the next 4 weeks. I really liked FIRST DATE and BIG FISH, and I am sorry to see their lights dimmed so early in their histories. Most of us know from the news that SPIDERMAN has been struggling since day one, so it's closing isn't really a shock. Still, there must be something trending here because while the Orpheum has presented some pretty fabulous shows in the past 16 months, the average attendance has dropped from what we experienced a few years ago. I hope this is not a sign of things to come where attendance and interest in Broadway-style musical theatre begins to fall out favor with the masses.
Of course, this may all be all about the economy. While things like the stock market continue to improve and banks seem to have settled the chaotic practices that prompted the last economic downturn, it could be that people are just not sure what the future will bring. Maybe people are simply more cautious in their spending. I don’t have the answers, but something is effecting the Broadway fan base, and I'm curious to know what it is.
Orpheum President and CEO