Broadway musicals are currently facing a severe financial crisis, with none of the 18 new productions from the last season making a profit. High costs associated with staging musicals, combined with stagnant ticket prices, have resulted in a dismal profitability rate, with only three new shows recouping their investments since the pandemic. Notable failures include lavish revivals of classics and new musicals that closed within months of opening, leading to significant financial losses for investors. Industry experts warn that the current economic model is unsustainable, and the future of new productions looks bleak. While long-running shows like 'Hamilton' and 'Wicked' continue to thrive, the overall landscape for new musicals is concerning, prompting producers to reconsider their investments.