Word: skyrocket
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Dates: during 1950-1959
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...begin, there were only 13 shows in Broadway's 30 playhouses, and all but one (Mike Todd's bosomy, bumptious Peep Show) were holdover hits from past seasons. During the summer, television networks had gobbled up three more legitimate theaters (making 16 to date). Production costs were skyrocket-high. Producers bemoaned the lack of new playwrights, and looked in vain for the open-handed angels of only a few years...