{"id":14118,"date":"2016-05-29T09:00:50","date_gmt":"2016-05-29T13:00:50","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=14118"},"modified":"2016-05-28T15:05:19","modified_gmt":"2016-05-28T19:05:19","slug":"the-economics-of-hamilton-the-broadway-show","status":"publish","type":"post","link":"http:\/\/www.Centives.net\/S\/2016\/the-economics-of-hamilton-the-broadway-show\/","title":{"rendered":"The Economics Of Hamilton, The Broadway Show"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2016\/05\/052816_1857_TheEconomic1.jpg\" alt=\"\" width=\"640\" height=\"427\" \/><\/p>\n<p>Hamilton is a Broadway show that has become the next big thing. Michael Sokolove looked at the economics of that kind of success:<\/p>\n<ul>\n<li>Usually Broadway shows aren&#8217;t that great an investment. But when you have a hit like Hamilton there are few returns of investments so appealing.<\/li>\n<li>After you pay the initial upfront costs the show can run for decades, and in multiple locations.<\/li>\n<li>All in all investors put in $12.5 million for the show. It is soon expected to make $1 billion in profit in New York alone.<\/li>\n<li>In fact the show earns half a million dollars in profit every single week.<\/li>\n<li>And $82 million worth of tickets for future shows \u2013 the equivalent of 400 sold out shows \u2013 have been sold.<\/li>\n<li>The producers of the show could easily make more money. While they sell tickets for between $67 and $477, scalpers go onto sell the tickets for up to $2,000.<\/li>\n<\/ul>\n<p>Read more <a href=\"http:\/\/www.nytimes.com\/2016\/04\/10\/magazine\/the-ceo-of-hamilton-inc.html?_r=2\">here<\/a>.<\/p>\n<p>Source: <a href=\"http:\/\/www.nytimes.com\/2016\/04\/10\/magazine\/the-ceo-of-hamilton-inc.html?_r=2\">The New York Times<\/a><\/p>\n<p>Via: <a href=\"http:\/\/marginalrevolution.com\/\">Marginal Revolution<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hamilton is a Broadway show that has become the next big thing. Michael Sokolove looked at the economics of that kind of success: Usually Broadway shows aren&#8217;t that great an investment. But when you have a hit like Hamilton there are few returns of investments so appealing. After you pay the initial upfront costs the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14117,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-14118","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2016\/05\/052816_1857_TheEconomic1.jpg","_links":{"self":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/14118","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=14118"}],"version-history":[{"count":3,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/14118\/revisions"}],"predecessor-version":[{"id":14124,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/14118\/revisions\/14124"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/14117"}],"wp:attachment":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=14118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=14118"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=14118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}