The Entertaining Business is No Small Business.

Musical theater is more than meets the eye. It reaches millions each year and it makes double that amount. According to The Economist ,  “ Musicals in America will probably generate $1.9 billion in revenue this year.”   For example  a ticket for any show can cost about $500, if not more.

Here is a chart to give you an idea  what are the most popular musicals and what  is their gross revenue in billion dollars. :

The entertaining business is no small business, this is why it is hard to get in.  The Economist says that only 1 in 10 plays have success and are even taken on national tours ; and 2 out of 10 loose it all. But if the play is a success , it will bring millions and it will probably be in the theater for decades.  Theater including musical theater unlike movies, can be aired for year and years and they become timeless. 

Musicals had a  big first success in the 40’s  in America  it has now spread hugely to Europe , Japan and Germany.   Soon enough bigger cities will be having more plays.  Lets hope Peru gets there some day.

I personally love musicals. I understand that apart from being a huge industry that earns billions, it is also a channel for change and education.  Its stands for freedom of expression, it created culture and a finer taste for  arts.  I firmly believe theater and musicals make alive a country. This is why it is exciting to see them spring up in Peru with local musicals.  With Perus history, specially in Lima, musicals and arts is what has gotten this country out of its sad feel, and has given it a little more happiness as a whole.