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New movies-to-stage fund backs 'Flamingo Kid' musical by David Ng

Like them or not, Broadway musicals based on movies have become a staple of the New York theater scene. Risk-averse investors see them as a safe bet in an industry marked by escalating costs. But theater critics often look askance at the artistic merit of such ventures.

SOURCE: Los Angeles Times at 05:55PM on May 14, 2012

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