As a fan of live entertainment as well as a businessperson, I have long been conflicted by the economics of show business. Take asset utilisation, for example. How can we be surprised at the lack of profitability in an industry where hugely expensive assets like stadiums and theatres lie idle most of the time – in some instances, more than 98% of the time?
Wicked, the ‘untold story of the witches of Oz’, celebrates its eighth birthday in the West End today.
As part of Open House London’s catalogue of buildings this year, Richmond Theatre opened its doors to the public. Showbusinessinsights was there to find out more about one of London’s finest Frank Matcham theatres.
The tour was given by excellent guides, Rob, Colin and Steve, aided by Adam, representing the Frank Matcham Society.
At a performance of Wolf Hall recently, I took a few photos of the cast during the curtain call. An usher ran over and shouted “no photographs!”, so I stopped. She then came up to me and said “I need to see you delete the photos all the way back to a photo that is not in this theatre”. As I had a dinner reservation only ten minutes later, I could not be bothered to get into a protracted argument and did what she demanded. I did, however, ask why I needed to delete the photos. She said “because they are the property of the Royal Shakespeare Company”.
If there is one thing London theatregoers can agree on, it must be that the price of interval drinks and ice creams is outrageous. A new survey suggests an average price of £4.70 for a glass of wine and £3.27 for an ice cream. But the detail behind these numbers is worth considering.
As the football season kicks off in earnest with the Premier League’s first round of matches, we examine the main ticketing difference between the Premier League and the West End: the season ticket.
Producer David Johnson lashed out at ATG when one of their managers requested free tickets to a show at the Edinburgh fringe. ATG own 39 theatres across the UK, including the Apollo Victoria and Savoy Theatres and are owned by private equity finance. Johnson’s letter is both withering and hilarious. Continue reading