How can Broadway leverage its success with Hamilton to increase its conversion of the younger demographic into habitual playgoers?

How can Broadway leverage its success with Hamilton to increase its conversion of the younger demographic into habitual playgoers?  What challenges might be encountered?  Be specific in your answers.

 

Growing the Audience for Hamilton

Since its debut in 2015 Broadway’s hit musical Hamilton has received critical acclaim and realized unprecedented box office sales. Just a year after opening shows were sold out through January 2017 and ticket prices had climbed to $500. Such widespread success inspired the play’s management to think about how they could extend Hamilton’s footprint beyond Broadway.

Hamilton’s digital team focused on attracting an even wider audience by establishing a presence on the Internet and in social media. They understood how these channels provided a unique opportunity for fans who had never seen the live show to experience the Hamilton brand. At the cornerstone of the team’s efforts were a series of online “Ham4Ham” videos. In these the cast of Hamilton produced short and playful scenes—some were reenactments from the play; others were unrelated vignettes. In one the cast recreated a popular scene from the West Wing of the White House right before they were set to perform for President Obama.

In another lead actor Lin Manuel-Miranda and Hamilton’s composer Alan Menken sang songs from Disney’s The Little Mermaid. The show also regularly publishes digital content across Instagram Snapchat Twitter and YouTube including user-generated postings. For example the team manages an Instagram series called #HamArt which depicts drawings and paintings of characters or scenes from the play created by its fans.

Hamilton’s ability to reach unexpected markets stems from the producer’s adeptness at managing both an entertainment brand and a Broadway musical. By understanding the strength of creative content creation and uncovering new distribution opportunities Hamilton’s digital team has been instrumental in earning the franchise a larger online audience than any other Broadway show including long-standing blockbusters such as Wicked and the Lion King.

Off Broadway several factors have pointed to the play’s enduring success. In 2017 the cast and crew began a national tour across at many U.S. cities. Additionally various pieces of merchandise—from sweatshirts to hats—and other collectible souvenirs from the show continue to be in high demand. Finally Hamilton has connected with a youthful demographic who likely were uninterested in the theater previously but now have the potential to become habitual playgoers.

Questions:

How can Broadway leverage its success with Hamilton to increase its conversion of the younger demographic into habitual playgoers?  What challenges might be encountered?  Be specific in your answers.

Using the criteria to evaluate business leveraging options what other growth options exist as revenue-generating for Hamilton? Be specific in your recommendations here.

Remember to format your citations and references using  APA or MLA format.

The essay must

The essay answers the question clearly with sufficient explanation. It reflects original thought sound logic and provides ample supporting detail which needs references and citations. This will make for a strong convincing response. The writer projects a consistent and mature voice throughout the response.

The essay provides multiple references to specific information presented in the chapter and/or learning materials.
All sentences are well constructed and have varied structure and length. The author makes no errors in grammar mechanics and/or spelling.

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