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Broadway thriving, says new report

"Aladdin" is just one of Disney's movies to be adapted for the Broadway stage. Photo Credit: CARI ROMM

Broadway -- which just had its highest grossing and best attended Memorial Day week in history -- contributed $11.9 billion to the city economy in the 2012-13 season, according to a new report commissioned by The Broadway League.

Broadway tourists kicked in $9.6 billion, the shows themselves contributed $2.2 billion and theaters spent $17 million, according to the League, which noted that The Great White Way pays $500 million in taxes and supports 87,000 jobs.

But the report was based on last season. This season was even busier, with grosses up 11.4% and attendance up 5.6% in 2013-14.

"It's been another amazing season and Broadway is healthy and vibrant," Charlotte St. Martin, executive director of The Broadway League, said in a statement.


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