Does a good review from the NY Times guarantee a longer run?

A few months ago, I started pulling together some data on this very question.  I’m glad I stopped.

Because Lan Ma Nygren of Rider University and Jeffrey S. Simonoff from NYU did similar research and they did it a whole lot better.

You can download the report here, which is entitled:  Bright Lights, Big Dreams – A Case Study of Factors Relating to the Success of Broadway Shows.  

But break out your geek glasses, because it’s a serious statistician’s look at our biz (how rare, and how awesome!).  It includes phrases like “linear regression model” and “Kaplan-Meier estimator of the survival function” and “The Daily News.”

You have to read the report to get their full analysis of the factors that contribute to a hit (you’ll be impressed by how many you know already), but I will leave you with this quote from page 8:

On the other hand, reviews in the Times are not at all related to show longevity.  The essence seems to be that while a review once had a strong effect on the success of a show, that is no longer the case because of the way that the audience for and marketing of Broadway shows has changed in the last 20 years.

 

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