Off-Broadway’s Golden Age Faces Financial Hurdles
Producers and theatrical artists who try to make their living off-Broadway in New York City say this is a golden age for their small-scale brand of theater. But that doesn’t mean they are reaping financial rewards.
Off-Broadway is home to nearly 40 theaters, which, by definition, must have 100 to 499 seats, according to the Off-Broadway Alliance, an industry group. In recent years, the off-Broadway theaters have welcomed a plethora of new shows—up to 130 a season, says Peter Breger, the alliance’s chairman.
“Is there another city in the world where you have 130 shows in small theaters?” he asks. . .