Hello, and welcome to TechScape. I spent the weekend wondering about the insistent feeling in the United States that few but the ultra-rich, even businesses, are making enough money to afford the basics of a comfortable life.
The New York Times published a story recently about Broadway’s rising costs that featured the grim stat: “None of the musicals that opened last season have made a profit.” The shows’ failure to recoup their investments comes even as Broadway tickets are more expensive than ever before. So who is making any money?