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...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 can run for six months without turning a profit. Musicals take twice as long to get to the black. (See the best business deals...

Author: /time Magazine | Title: Will Enron Play on Broadway? | 3/25/2010 | See Source »

...sold-out show would generate about $135,000 per 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...

Author: /time Magazine | Title: Will Enron Play on Broadway? | 3/25/2010 | See Source »

...justice. Nevertheless, this is a film that is eventful but never gripping, emotional but rarely compelling. Though the Twi-hards will definitely catch it in theaters, for the rest the film-going audience, the twist at the end may or may not just be worth a matinee ticket...

Author: By Lillian Yu, CONTRIBUTING WRITER | Title: Remember Me | 3/23/2010 | See Source »

...Garat points out that had the CITES measure passed, Japan would have taken a reservation, opting out of the ban. Other countries would still be prohibited from trading with Japan, but with those $50-per-kilo ticket prices, less scrupulous nations might have been enticed into breaking the agreement. "It would have only increased the black market, and the countries that would have been most hurt by it would be the ones following the law - which is to say the European Union," Garat adds. (See "Hunting for Tuna: The Environmental Peril Grows...

Author: /time Magazine | Title: Why a Proposed Ban on Bluefin Tuna Fishing Failed | 3/18/2010 | See Source »

Real foodies should be concerned that critics like Sokolov are an endangered species. Their habitat - big-ticket, fine-dining restaurants - shrinks every year, encroached upon by gourmet hamburger joints, taco stands and various other chic, no-frills eateries. Their food supply - the expense accounts of large newspapers and magazines - has withered. And their most invaluable asset - their towering authority - has been leached away by blogs and review websites, leaving them without a place in the new ecosystem. All of which is too bad, because critics like Sokolov ought to be at the very center of it. (See pictures of what...

Author: /time Magazine | Title: In Praise of the Endangered Restaurant Critic | 3/16/2010 | See Source »

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