‘Losing $1 Million a Month’: Broadway’s Longest-Running Show Is Closing

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Description: After nearly 35 years of delighting audiences on Broadway, The Phantom of the Opera is closing. The final performance will take place on February 18, when the masked Phantom and the famed falling chandelier will make their last appearance—at least in New York.

Source: Entrepreneur.com

Date: Sep 16, 2022

Link: https://www.entrepreneur.com/business-news/broadways-longest-running-show-is-closing/435526

Questions for discussion:

  • What does the report suggest is the reason for the planned closure?
  • Who is the target audience for this show?
  • What would you recommend to management at this time with a view toward reviving the show at a future date or in some other way?

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