Denzel Washington Julius Caesar Recoups $3 Million Investment
27 May 2005
Julius Caesar, the Denzel Washington revival of the Shakespeare tragedy that was critically drubbed and ignored by the Tony Nominating Committee, has earned back its $3 million capitalization, according to Variety.
Contacted May 26, spokespersons for the show would not confirm that the show returned its investment. The New York Post reported May 27, meanwhile, that the happy news came back on May 22.
Caesar is running for an exclusive engagement of 112 performances that ends on June 12. The play is produced by Carol Shorenstein Hays and Freddy DeMann. Variety said the duo look to make $1 million in profits by the end of the run.
Hays' other currently running show, Doubt, is expected to recoup in two to three weeks, the Post reported. The money making will help offset the loss Hays took on her first play of the Broadway season, August Wilson's Gem of the Ocean. That troubled production closed Feb. 6 after just 72 performances.