ScottK said: "Hi, Bear882! What you said re; the commercialization of Ragtime's extension--perhaps that is what the producers were talking about--i really didnt pursue that line of questioning. Sorry, I cant give a better answer"
When nonprofit Broadway productions convert to commercial runs, their costs increase substantially. All of the Broadway nonprofits run on modified LORT contracts, bringing with them much lower costs. However, the catch here is that they only enjoy that benefit for their originally scheduled run: if they extend beyond that, they must convert to the standard Production contract like every other Broadway show and lose the perks of being nonprofit. (Not sure how this affects the other union contracts, but the increase in talent costs alone will be substantial). Given Ragtime’s size, I would imagine this has meant that, even considering its success, it has likely only been marginally profitable week after week and will still be closing at a sizable loss this month.
"...everyone finally shut up, and the audience could enjoy the beginning of the Anatevka Pogram in peace."
Updated On: 8/5/26 at 10:38 AM