A person in a surgical masks walks by means of Manhattan's Broadway Theatre district after Broadway reveals introduced they may cancel performances
A person in a surgical masks walks by means of Manhattan’s Broadway Theatre district after Broadway reveals introduced they may cancel performances as a result of coronavirus outbreak in New York, March 12, 2020.
Andrew Kelly | Reuters
Broadway theaters will stay closed by means of Might.
The Broadway League, a commerce group representing producers and theater house owners, introduced Friday that Broadway’s 41 theaters will stay closed by means of at the least Might 30.
“With practically 97,000 staff who depend on Broadway for his or her livelihood and an annual financial influence of $14.eight billion to town, our membership is dedicated to re-opening as quickly as situations allow us to take action,” stated Charlotte St. Martin, president of the Broadway League. “We’re working tirelessly with a number of companions on sustaining the business as soon as we increase our curtains once more.”
Folks holding tickets by means of that date are suggested to contact their level of buy for refunds or exchanges. Broadway has been closed since March 12, and it is unclear when theaters will resume operations.
Over the last Broadway season — from Might 28, 2018, to Might 26, 2019, — reveals tallied greater than $1.83 billion in ticket gross sales, marking its highest-grossing season in historical past, in keeping with an annual report revealed by the Broadway League.
The league has not launched the numbers for the 2019-2020 season, which might have led to Might, however we all know that Broadway snared solely round $300 million in ticket gross sales in 2020 earlier than shuttering.
Broadway’s closures reverberate far past the theater world. Vacationers who enterprise to New York Metropolis to see musicals and performs contribute billions of {dollars} to the native economic system as they pay for taxis, meals and lodge rooms.
Individuals who come to go to town from different states or nations account for 65% of Broadway’s annual ticket gross sales. These guests contributed round $11.5 billion to the New York Metropolis economic system final 12 months.
Round $eight billion of that spending was at eating places, motels, retailers and for public transportation.