Germany funds 136 public theatres; the NEA is frozen at $207m; Arts Council England has lost up to 48% in real terms. A country-by-country guide.
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Theatre, opera, dance and Broadway/West End economics, touring productions and public funding models.
Germany funds 136 public theatres; the NEA is frozen at $207m; Arts Council England has lost up to 48% in real terms. A country-by-country guide.
The Lion King has grossed $11bn worldwide, less than a fifth of it on Broadway. How tours, replica productions and licensing make musicals pay for decades.
A West End play costs £1-2m to open and £120-200k a week to run; a Broadway musical $17-31m and up to $1.2m a week. We build the budget and the break-even.
No opera house covers its costs from tickets. We compare Vienna, Paris, La Scala, Covent Garden and the Met, plus how US orchestras fund a $2.24bn sector.
Broadway grossed a record $1.91bn in 2025-26 and the West End passed £1bn, yet only about one musical in ten recoups. Here is how the money really works.
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