Bard drama bringing in big bucks
The Bard is boffo on Broadway.
“Julius Caesar,” starring Denzel Washington, has recouped its $3 million capitalization, according to the show’s producers. Magic day was Sunday. Investors and participants now look to share about $1 million in profits before the production shutters June 12.
A limited engagement, the Daniel Sullivan-helmed “Caesar” opened April 3 to mixed reviews.
Box office has been buoyed by premium tickets, which have pushed the average-price ticket to a pricey $84.71, the third highest on Broadway after “Wicked” ($86.13) and “700 Sundays” ($105.90).
Like “Julius Caesar,” the Billy Crystal show took a similarly quick seven to eight weeks to recoup.
After a long drought, plays are finally enjoying a robust season on Broadway. “The Pillowman” and “Doubt” have set house records at their respective theaters. The revival of “Glengarry Glen Ross” also looks likely to turn a profit soon.