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...tough economic times, though, may be exactly what Enron has going for it. The play details the rise and fall of the notorious, eponymously named, Houston-based energy company, which collapsed amid fraud in 2002. The demise of Enron had little to do with mortgages, bank bailouts or any of the things that have been at the heart of the recent financial crisis. Nonetheless, the lead producer of Enron, Jeffrey Richards, says the play is sure to strike a contemporary chord with audiences. (See the top 10 plays...
...Just like the fraud, though, bringing Enron, which has been running in London for months, to Broadway is costing big bucks. In general, operating on Broadway has grown more expensive than it used to be. Producers say most plays cost between $2 million and $3 million to launch on New York's main stages these days. Musicals like Wicked can cost as much as $15 million, but they tend to draw bigger audiences than dramatic plays. The higher production costs are driving up ticket prices on Broadway and pushing out the time it takes productions to be profitable. Many plays...
...performance. A sold-out week at full prices could generate as much as $1.1 million. At that rate, the show could be profitable in as little as two months, once you factor in the three weeks of previews, when ticket sales are likely to be light. Few plays, though, are able to generate that level of sales. The recent hit God of Carnage has had a handful of weeks when box-office sales topped $1 million. But that play, unlike Enron, had a number of big-name stars...
...PhRMA, the drug industry's trade group, is also expected by progressive activists to continue public education spending over the coming months, though the organization's board has not yet made any final decisions. The group has already spent tens of millions of dollars in recent months on ads promoting health reform...
...actual level of progress on the Iran sanctions front, however, has not yet caught up with Clinton's tough talk - and there's little sign that any of the pressure being mustered will realistically stop Iran from slowly acquiring the means to create a nuclear bomb (though the U.S. believes Tehran has not yet decided to actually build such weapons). Even if Europe were unanimously on board - it isn't quite, particularly on the unilateral sanctions with which the U.S. wants to supplement U.N. efforts - Russia has yet to offer any clear support for new sanctions. And even while Secretary...