After a massive Tony Awards haul, Dear Evan Hansen has another reason to celebrate – the production has recouped its capitalization costs in just 8 1/2 months, according to The Hollywood Reporter.
“This show has been a labor of love for everyone involved — some of us for more than eight years,” producer Stacey Mindich said. “On behalf of the Dear Evan Hansen family, I can say that we are deeply grateful for our audiences and the way they embrace this show, from Washington, D.C., Off Broadway and now Broadway in such a profound way.”
Starring Ben Platt as an adolescent who’s life spirals after a lie that grows out of control, the musical opened to strong reviews last December at the Music Box Theatre. Six Tony Awards, including the coveted Best Musical honor, only added fuel to the fire. Platt and Rachel Bay Jones also captured Tony’s for their performances.
For the bulk of its run, the show has been earning more than $1 million per week due to positive reviews, word of mouth, and the February release of the musical’s cast recording. It’s original investment of $9.5 million is now in the rear view, and producers can look forward to the bump in take-home pay that their success brings, only paying for weekly upkeep and expenses for however long the show may run.
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