Tony Triumph Meets Tough Economics For ‘Schmigadoon!’

The formed of "Schmigadoon!" performing during the Tony Awards connected June 07, 2026 (Photo by Theo Wargo/Getty Images for Tony Awards Productions)

Getty Images for Tony Awards Productions

Winning the Tony Award for Best Musical has fixed Schmigadoon! a boost astatine the container office, but it mightiness not beryllium capable to propel the show to profitability.

In the 7 weeks since the show received 4 Tony Awards, its play summons income person surged complete 42 percent compared pinch the anterior seven-week period. The philharmonic has posted the largest summation aft the awards of immoderate philharmonic nominated past season, arsenic its play summons income surpassed $1.2 cardinal and its attendance approached 100 percent capacity past week.

But, the bump mightiness beryllium excessively small and excessively late.

The philharmonic operated astatine a nonaccomplishment astir weeks during the first 2 months of its run, and it only has the keys to the Nederlander Theatre until January. Without different hold aliases much maturation astatine the container office, Schmigadoon! mightiness not person a agelong capable runway to recoup its $11.1 cardinal first capitalization costs.

Even pinch each of the attraction from the awards show, the philharmonic has still not yet made the maximum magnitude of money it tin gain successful a week, which is $1,346,000, according to the financial paperwork sent to investors. Its mean summons value is besides still $13 beneath the projected mean summons price.

Yet, the show should spot a sizable spike successful summons income during the vacation play and successful its last weeks of performances.

After Cats: The Jellicle Ball posted a closing announcement 2 weeks ago, its summons income changeable up to a highest of $1,189,431 pinch group paying to guidelines successful the backmost of the Broadhurst Theatre past week. Despite receiving 3 Tony Awards and its capacity astatine the ceremonial attracting the third-most YouTube views of immoderate show, the show had been shedding audiences aft Tony Awards, filling only 85 percent of its theatre during the past week of June.

While the caller buzz mightiness look for illustration it could springiness Cats another life, the $16 cardinal philharmonic will unopen aft 5 months astatine a nonaccomplishment adjacent week.

The outlook for the caller musicals connected Broadway does not look to beryllium overmuch better.

Both Titaníque and Two Strangers person struggled astatine the container agency since the Tony Awards. Weekly summons income for the philharmonic adjustment of The Lost Boys person been much promising, rising to a highest of $1,486,528, but the vampire show was moving successful the reddish for weeks, and its fund ballooned past the first projections.

Yet, dissimilar pinch Schmigadoon!, The Lost Boys has a spot much clip to termination pinch an open-ended tally astatine the Palace Theatre.