Stage musicals often earn more than their film counterparts due to built-in audiences, less competition, and higher ticket prices. Fewer than 30% of stage musicals make a profit, but successful ones bring in higher gross profits than movies. Non-musical films often fail as stage musicals. The most successful non-animated musical film is “Les Miserables,” grossing over $437 million worldwide. Broadway shows cost around $10 million, while Hollywood films cost over $100 million.
Theatrical musicals often make more money than the film versions in terms of box office gross earnings, which include only ticket sales for the performances and do not include rental or sale of the recordings. Stage musicals tend to have built-in audiences, less competition, and higher ticket prices, and can run for much longer periods of time. Fewer than 30% of stage musicals are estimated to make a profit, but those that are successful typically bring in higher gross profits than movies. For example, the Disney film “The Lion King” grossed more than 950 million US dollars (USD) at the box office and is the second highest-grossing animated film of all time, but theatrical productions of “The Lion King lion” have grossed more than $5 billion worldwide.
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Non-musical films often fail if they are made into stage musicals. For example, the 1976 horror film “Carrie” grossed an estimated $33 million at the box office, but its stage musical version only earned $341,000 and is often considered one of the biggest box office flops of all time.
The most successful non-animated musical film of all time is the 2012 version of “Les Miserables,” which surpassed “Grease” for the title and grossed over $437 million worldwide as of mid-2013.
The average Broadway show costs around $10 million dollars, while the average Hollywood film costs more than $100 million dollars, including production, distribution and marketing costs.
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