Key facts
- New York City is offering tax credits to Broadway shows.
- Broadway shows are considering London as a destination.
- Critics argue the tax credits disproportionately benefit financially backed productions.
- Critics suggest the funds could be better utilized in other areas.
Broadway productions are exploring international markets like London, prompting New York City to implement tax incentives to retain them. However, concerns have been raised that these incentives primarily benefit well-funded shows, diverting resources that could address other needs within the arts community.