I HOPE THIS ISN”T TRUE!
From the NYPost.com:
The producers of the $8.5 million revival were huddled in meetings yesterday analyzing their ticket sales. They emerged with faces as grim as Jacob Marley’s.
Officially, the producers say, “there are no plans to close at this time.” Unofficially, it’s likely to close Jan. 3 at a total loss, several production sources say.
Despite some good reviews, the show “just hasn’t caught on,” one source says.
“Ragtime” is one of those musicals that seems to have a lot going for it — good title, good score, good roles — but that, when you put it all together, plays like a well-intentioned slog.
It’s ambitious, it’s anthemic — and it’s kind of boring.
The original production was huge, produced for something like $20 million by that crooked impresario, Garth Drabinsky, who was convicted of fraud a couple of months ago in Toronto.
The show lost everything in New York (and even more on tour) and helped bankrupt Drabinsky’s publicly traded company Livent.
The revival is a stripped-down affair that began in Washington, DC, where it got a lift from the Washington Post’s influential critic Peter Marks.
It came to New York with a cast of largely unknown regional theater actors, and the sense on Broadway is that the production could have used some star power.
“They’re very competent but they’re not exciting,” says a veteran producer.