Although the official end date had previously been set for Oct. 19, to coincide with the end of Billy Porter's run as the Emcee, his recent illness forced producers to move the closing up to Sept. 21. Last week, it was announced that the $24 million Broadway revival of Cabaret, which transformed the August Wilson Theatre into an immersive nightclub at enormous cost, will close earlier than expected after months of disappointing grosses and apparently at a total loss.
The cost of acquiring [intellectual property], attaching talent, and producing quality content has surged due to the streaming wars, making it unaffordable for many.