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Wednesday, October 9, 2024

Broadway Musical ‘& Juliet’ Recoups Funding


The musical & Juliet introduced the recoupment of its $17 million capitalization. 

The present, which is a retelling of Romeo and Juliet set to a rating of pop hits, recouped as of April 14, mentioned producers Max Martin, Tim Headington, Theresa Steele Web page, Jenny Petersson, Martin Dodd, and Eva Worth. & Juliet opened at Broadway’s Stephen Sondheim Theatre on Nov. 17, 2022 and is the primary new musical of the 2022-2023 season to announce recoupment. 

The present has performed 673 performances with a median capability of 95.5 p.c and a median paid ticket value of $144.44 throughout its run, in keeping with the manufacturing, and maintained wholesome grosses all through its run. 

The musical joins this season’s Merrily We Roll Alongside, An Enemy of the Individuals and Gutenberg! The Musical in asserting recoupment. Musicals resembling Six and MJ introduced recoupment from the 2021-2022 season. Nonetheless, it’s been a troublesome local weather for a lot of on Broadway as prices have risen and a key sector of the viewers has but to return. Many industrial productions have been aided by an as much as $3 million tax credit score from the state, which might help productions attain recoupment, however is usually not really obtained by the manufacturing for fairly a while.

“We’re so proud to be a part of a present that brings a lot pleasure to so many individuals,” the producers of & Juliet mentioned. “It’s thrilling to be a part of the theater business’s persevering with restoration, and be part of a rising record of musicals which have recouped post-pandemic, which is additional proof that nothing compares to stay theater and the shared expertise of human connection. We’re thrilled to proceed to share our story of second possibilities with audiences throughout the globe.”

& Juliet, which encompasses a e-book by David West Learn and a rating of pop songs from Max Martin, will launch a UK Tour in July, a North American Tour in September and a German manufacturing in October. The musical premiered on the West Finish in 2019 and likewise has productions in Australia and Singapore.

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