“The Humans,” the Broadway production that won the 2016 Tony Award for new play, has recouped its capitalization costs, according to Scott Rudin and Barry Diller, who lead the show’s producing team. Now that “The Humans” has fully recovered its costs, any additional weekly revenue is profit, minus the production’s relatively low weekly running costs.
The production’s capitalization price tag, weighing in at $3.8 million, includes the cost of moving the production from its original Off Broadway venue to its first Broadway home, the Helen Hayes, in January, and then the additional expense of moving the show from the Hayes to the Schoenfeld Theater, where the production moved in August when previously scheduled renovations at the Hayes began.
The play by Stephen Karam, with an unknown title and no big-name star in the cast, was a risky commercial bet, but it’s paid off both at the box office and at the Tony Awards, where the show picked up a total of four awards: new play, featured actor (Reed Birney) and actress (Jayne Houdyshell) and set design (David Zinn). Directed by Joe Mantello, “The Humans” will have to vacate the Schoenfeld Theater in January to make way for incoming production “Come From Away.” Whether “The Humans” will close or move again remains to be determined.
According to producers, “The Humans” recouped over the week ending Sept. 4. Last week the production had its best week yet at the box office, with sales ringing in at $670,967.
News of the recoupment was first reported by Deadline.