Broadway is suffering from the same fate as most industries on the upper crust of luxury. Inflation and the bad economy has made people be less willing or able to splurge on fleeting little pleasures like this. Its the same reason places like Disney World are struggling. You aren't getting something back from the money spent, and the money spent is huge, so its just a foregone conclusion that its not happening.

That's before you even add in the extreme Leftie and Gay nonsense involved, which means even for the people who could afford it the list of plays they want to see is short.