Key facts
- Broadway producers are considering staging shows in cities like London, Atlanta, and Chicago.
- Rising costs in New York City are a primary driver for this consideration.
- London is noted as a potentially cheaper location for productions.
Broadway producers are evaluating alternative locations for staging future musicals due to the increasing costs associated with productions in New York City, especially in the post-pandemic era. Cities such as Atlanta, Chicago, and London are being considered as potentially more cost-effective venues. This exploration includes looking overseas to London, where the economics of putting on a show may be more favorable. Danielle Muoio Dunn, a journalist specializing in state tax policy for Bloomberg Tax, discussed these developments on Bloomberg This Weekend.
