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Masters of Scale

Rapid Response: In hard times, the show must go on, w/BroadwayHD’s Bonnie Comley

Masters of Scale

WaitWhat

Business, Jeff Berman, Startups, Reid Hoffman, Management, Diversity & Inclusion, Mindset, Bob Safian, Entrepreneurship

4.64.4K Ratings

🗓️ 16 September 2021

⏱️ 32 minutes

🧾️ Download transcript

Summary

18 months ago, the lights went out on Broadway. What can you learn as this $16bn industry begins to re-light the lights? Tony-winning producer Bonnie Comley, the CEO of BroadwayHD and board president of the Drama League, shows us how Broadway's 41 theaters are coming back to life — and how the 18-month pandemic closure created some breathing room for her industry to reimagine itself. At the core: broaden the customer base, embrace digital, and expand the touchpoints for each show as a brand.

Read a transcript of this interview at: mastersofscale.com

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Transcript

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0:00.0

41 Broadway theaters just really sat in mothballs for almost 18 months.

0:07.4

So here is an industry that brings in 16 billion that is now unplugged.

0:16.2

The industry started looking at, okay, we've got to reopen.

0:20.4

What does that mean?

0:22.6

Lion King, Wicked, all of these shows are a brand.

0:26.8

That's what we're seeing on Broadway is that there are multiple touch points for a brand.

0:32.8

It have to be a little bit off center.

0:35.8

I think to be an entrepreneur, there's so many other safe things to go into to calculate at risk.

0:42.6

But you have to be willing to lose.

0:44.8

You have to be willing to fail.

0:50.8

That's Bonnie Comley, Broadway producer, board president of Broadway's

0:55.8

Drama League and CEO of Broadway HD.

0:59.8

Even as the Delta variant has pushed up COVID-19 infections,

1:03.6

Broadway theaters are reopening, resuming their show must go on mantra.

1:08.4

I'm Bob Safian, former editor of Fast Company, founder of the Flux Group and

1:12.8

host of Masters of Scale Rapid Response.

1:15.8

I wanted to talk to Bonnie because she's been on the forefront of merging live

1:19.8

theater with new digital engagement.

1:22.4

The business of Broadway is entirely unique, yet at the same time, it offers a window

1:27.0

into the challenges we all face when rebooting longstanding practices and expectations.

1:32.8

Bonnie is charged with expanding Broadway's fan base and exposure,

1:36.8

recognizing that some things about the theater experience need to be modernized.

...

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