Broadway Shows Eye London, NY Wooing With Tax Credits
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Catching a Broadway musical is a quintessential experience for many in New York City. But it’s not cheap, not for showgoers nor for show producers, who saw costs go up in the aftermath of the pandemic. Producers have been considering taking their next big hits somewhere else — to Atlanta, Chicago and even overseas to London, where it can be significantly cheaper to put on a good show. Bloomberg Tax, State Tax Policy Journalist Danielle Muoio Dunn joined David Gura and Christina Ruffini on Bloomberg This Weekend to discuss. (Source: Bloomberg)
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