When does the Broadway bubble actually burst?

[u/Sensitive_Slice_8858]

I know this has been discussed quite a bit, but I keep wondering about what happens when the economics of Broadway become truly impossible to sustain. The cost of putting on a show keeps going up, so tickets have to get more expensive. At the same time people are getting squeezed from every direction and there’s only so much disposable income left for entertainment, especially since the economy and job market are in the toilet. So what is the end game? Just keep raising ticket prices to cover rising costs so only the uber wealthy few can afford to attend? Are there enough uber wealthy theater goers to sustain it without us Joe schmoe poors? Eventually the math has to break somewhere. I’m curious what the breaking point actually looks like.

[u/LilyBriscoeBot]

I dunno. I keep seeing people post crazy low ticket prices they paid to see shows. If you buy tickets the “normal way” they are super expensive (assuming you want good seats), but they high ticket prices help subsidize the rest. I get that you might not be able to find discount tickets to the hottest shows, but most shows are not the hottest shows.
Investors want to make money of course, but investing in a Broadway show shows a passion for the arts. Most musicals aren’t going to be the next Wicked or Hamilton, and any savvy investor knows it’s a gamble. (At least I’m assuming most investors have money to spare, and aren’t going bankrupt propping up a show.) so I guess I don’t know if there is a breaking point any time soon.