When it comes to the business of Broadway, putting up a show is an expensive task.
But where does all that capital go?
Even the actors working in the shows don’t know the answer—as Tony nominee Santino Fontana said at a recent industry panel event: “I’d love to know.” Well, ask and ye shall receive.
Playbill spoke to Hal Luftig, one of two lead producers on Broadway’s Kinky Boots, to determine the breakdown of costs associated with opening a Broadway show. Kinky Boots, now four years into its Main Stem run, required an initial investment of 13.5 million dollars, which the show was able to recoup by October 2013.
Read More: WHAT DOES IT MEAN FOR A SHOW TO RECOUP ITS INITIAL INVESTMENT?