QUOTE(rainbow_carnage @ Oct 3 2008, 08:07 PM)

I've posed this question to a dozen people, and no one has given me a satisfactory reply.
Where does all the money go?
Ticket prices increase year on year. Actors' pay is embarrassing. Most writers make a pittance. Theatre owners keep complaining about not having enough money for basic repairs. The majority of shows don't break even, much less turn a profit, so the producers aren't raking it in.
So where does the money go?
It seems to be an even bigger problem on Broadway, where plays rarely recoup.
The best I can come up with is advertising. I imagine that's quite expensive. But if that's the case, then it's even more depressing than I thought. I'd much rather that the artists involved with the projects (writers, actors, directors, etc) profited. Or even the producers/investors, because without them, there would be no West End/Broadway theatre.
I studied economics at uni, and I still can't figure out how this business works.
See my new topic on West End budgets.
I read somewhere that the new deal on offer to Equity members would cost Phantom an extra £150000 per year. My immediate response is to ask how the proportion of Phantom's income spent on actors now compares to the proportion spent when the show opened 20 years ago. I'm sure £150000 is less than Michael Crawford was earning a year back then, for example.