Hamilton Continues to Rake in the Money

“Hamilton” has been running since 2015 at the Nederlander Organization’s Richard Rodgers Theatre in New York City. Last week, it’s average ticket price led the industry at the going rate of $291.37. This helped the show bring in $3.13 million in just seven days.

 

Tickets for the show have been nearly impossible to get as fans can’t get enough of Lin-Manuel Miranda’s interpretation of the story of Alexander Hamilton. In November, the show broke records by earning $3.3 million in one week. Some single tickets have gone for nearly $1,000 on the second-hand market.

 

The standard ticket price for “Hamilton” is listed at $199, and the premium seats have gone up to $849. This in an industry high, with the premium tickets for another popular show, “The Book of Mormon,” going for $477. This is small in comparison, but it was previously the highest price for premium tickets on Broadway.

 

This increase was partly done in response to the actions of ticket resellers. Anyone who has the opportunity to buy a “Hamilton” ticket through a lottery has done so, and the potential for making a tremendous profit can easily be reached by selling those tickets online.

 

“Hamilton” debuted at The Public Theater in February, 2015, moving to its current location on Broadway in August of that same year. It received 16 Tony nominations and won 11 awards. At the Tony Awards, it was named Best Musical and received awards for Best Original Score, Best Actor, and Best Actress among other things.

 

The touring show is heading to San Francisco in March, followed by Los Angeles. A non-touring show is currently playing in Chicago at the PrivateBank Theatre. It opened in October, 2016, to rave reviews.