Opinion: Is $20 million-plus the new normal for Broadway musicals?
Every Broadway season boasts a show or two that promises big-screen thrills delivered on record-busting budgets. Back in 1987, the Shubert Organization swallowed the cost of structural reinforcements to the Majestic Theatre in order to book "The Phantom of the Opera," with its swinging chandelier. In 2008, DreamWorks spent $25 million turning its animated hit […] The post Opinion: Is $20 million-plus the new no…
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