Tuesday, September 23, 2014

"We're in the Money", or What Recession?

I have two financial news stories to report about the Broadway community, one wonderful and one awe inspiring.

The first story -- the wonderful one -- is that this year's Broadway Flea Market, which was held this past Sunday raised a record high $713,986.  The annual event held in and around Shubert Alley in the heart of the theater district raises money for Broadway Cares/Equity Fights Aids, a charity with close ties to the Broadway community.  The 28 editions of the flea market have raised a total of over $11 million in support of AIDS research and for AIDS-related causes across the country.  Since its founding in 1988, the organization has raised over $250 million for critically needed services for people with AIDS, HIV, and related diseases.

In other Broadway financial news, The Lion King has become (surprise, surprise) the highest grossing show ever.  The show has taken in, from Broadway, touring, and international productions, in excess of $6.2 billion -- edging out previous record holder The Phantom of the Opera.  The news even brought about a congratulatory note from Cameron Macintosh and The Really Useful Group calling The Lion King "The pride of Broadway."

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