Wednesday, December 19, 2012
The strange economics of pantomime
I find it surprising that in this day and age you can still fill a theatre for two shows a day for over a month with this form of entertainment, charging (I've just had a quick look) up to £35 in Milton Keynes and up to £29.50 in Glasgow and no discounts for children.
I'm sure that the annual influx of American stars who increasingly top the bill at these shows (David Hasselhof is in Manchester this year, I see) genuinely love performing to full houses but I wonder how much money it takes to get somebody like Priscilla Presley to spend Christmas at the New Wimbledon Theatre.
A piece in the Independent in 2010 suggested that it could be as much as £250,000 for a five-week run with further bonuses tied to the total box-office take. Last year the Telegraph ran a piece alleging that the Wolverhampton production of Snow White and The Seven Dwarfs would henceforth use children instead of dwarf actors. Presumably the money saved is spent on the thing that puts bums on seats, which probably means former TV stars.
It's the strangest deal in the entertainment business: people who were big names thirty years earlier paid top dollar to dress up and perform in front of small children who would presumably be far more impressed with Jedward or a children's TV presenter.
In this I suppose it has something in common with rock festival economics. It's the line-up of big names that persuades people to sign the cheques when the line-up is announced. It's the small act on the fringes of the festival that actually justifies the investment when the weekend comes around.
Posted by David Hepworth at 11:43 am