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What’s Behind Broadway’s New Musical Drought?

NYT > Business·June 24, 2026
What’s Behind Broadway’s New Musical Drought?

Broadway is experiencing a musical drought due to various factors. Hollywood actors in non-musical plays, as well as skittish investors, have contributed to the challenging climate for song-and-dance shows. Gate-keeping theater owners have also played a role in the drought, making it difficult for new musicals to emerge. As a result, the typically vibrant musical scene on Broadway has been unusually quiet.

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