Cameron Mackintosh's company reported a drop in profits despite revenue growth, attributing it to rising costs overshadowing financial gains from hit productions like Hamilton and Les Miserables.
Even with profits dipping from £45.4m to £43.2m, the company experienced a healthy revenue increase driven by popular productions, with top ticket prices for shows rising by 50%.
Mackintosh's company operates eight venues in London's West End and plans to continue producing high-demand shows, signaling a strong future for theatrical productions despite recent challenges.
Cameron Mackintosh, who began as a stagehand, has created a musical empire, which remains resilient with significant demand for its key theatrical titles both in the UK and internationally.
Collection
[
|
...
]