New York’s Broadway community had plenty of reasons to be starry-eyed going into the final stretch of the 2019-2020 season.

Propelled by a mix of newer hits like “Hamilton” and “Dear Evan Hansen” and favorites like “The Lion King” and “The Phantom of the Opera,” the industry was coming off two consecutive record-breaking seasons of more than $1.5 billion in gross revenue.

And…

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