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-Chinese-made drones have dominated the skies in the United States for years, with private owners, police departments, and firefighters deploying them nationwide. But a new rule by the Federal Communications Commission on Tuesday will make it impossible for US consumers to buy the next generation of these drones.
+High production costs, flat ticket prices
-[[https://trips60.cc/|tripscan top]]
+Data from the Broadway League show the industry had its highest-grossing season in a decade this year, with over 14 million people attending shows.
+[[https://trips62.cc/|tripscan top]]
+However, none of the 18 musicals that opened last season, made a profit as of late September, according to the New York Times. Laks said the prevailing wisdom for the industry is that only one in 10 shows will make their money back.
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+For example, producing “Boop” — the colorful show centered around Betty Boop in modern New York City — cost around $26 million. The musical ran for about four months this year and, according to the Times, failed to recoup its investment.
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+“It’s just so difficult for (producers) to get their money back. These shows are now upwards of $25 million. Ten years ago, you could have a musical on Broadway that was probably in the $13 million range,” said Jim Kierstead, a Broadway producer whose over two dozen credits include “Kinky Boots” and “Waitress.”
-The FCC banned the import and sale of all new drone models and critical equipment made by foreign manufacturers, including the world’s largest drone maker DJI, by adding them into a so-called “Covered List” of entities deemed to “pose an unacceptable risk to the national security of the United States.”
+While producers have seen their budgets grow, ticket prices haven’t kept pace, according to Laks. The average ticket price is currently $126, while the average ticket price for the 2015-2016 Broadway season was about $103, or about $140, when adjusted for inflation.
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-The FCC decision, while excluding models already approved for sale and those currently in use, marks a culmination of years-long efforts to clamp down on Chinese drones, such as those produced by DJI and another major drone maker Autel Robotics.
+But the solution isn’t as simple as raising ticket prices.
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-DJI has expressed disappointment over the decision, which could also irk many drone users in the country. DJI alone commands about 70% of the global market, according to data from market research firm Research and Markets. Beyond public sector use, Chinese drones have been widely deployed across the US for tasks including infrastructure and construction inspections, crop monitoring, as well as professional and hobbyist videographers.
+“There’s only so high you can raise them because you’re really pricing people out of the market,” said Kierstead. “It’s just a bad conundrum across the board.”