Theatre Production Economics
A producer emphasizes the importance of understanding the business side of theatre to ensure financial viability. The discussion highlights the stark differences in production costs between London and New York, with London currently offering a more favorable economic model despite rising expenses. Factors such as real estate and union involvement play significant roles in these financial disparities, illustrating the complexities of producing theatre in different markets.In this clip
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593. You Can Make a Killing, but Not a Living | Freakonomics Radio
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