Awash in Red Ink, Broadway's Musical Season is Still a Winner
The precipitous closing of the $12 million musical "Shuffle Along" brought the red tide engulfing the Broadway season even higher, joining such high-profile and expensive flops as "American Psycho," "Bright Star," and "Tick Everlasting." Still, when it comes to musicals, the 2015-2016 season is batting well above average " at least for now.In any given season, only 20% to 25% of the musicals that open manage to recou…
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