“The Inheritance” is ending its Broadway run on March 15, producers Tom Kirdahy, Sonia Friedman Productions and Hunter Arnold announced Thursday evening.
As of its closing date, the production will have played 46 previews and 138 regular performances. The announcement comes after the two-part production, which, together, spans more than six hours, has been struggling at the box office and failed to attract stellar reviews across the industry.
The play was capitalized for up to $9.85 million, according to a filing with the Securities and Exchange Commission.
“The Inheritance” opened on Nov. 17, 2019 at the Ethel Barrymore Theatre, after transferring to Broadway from the West End. While the play, written by Matthew Lopez and directed by Stephen Daldry, received rapturous reviews and accolades in London, many of the reviews on Broadway were mixed.
The production has struggled at the box office since it began previews on Sept. 29. In recent weeks, the two-part play has grossed 30% to 40% of its gross potential and has played at 50% to 60% capacity. The production grossed $345,984, or 30% of its potential, in the week ended Feb. 16.
In general, the economics for two-part plays on Broadway have proven difficult, due to time constraints and the money required for two tickets, with the 1981 drama “Nicholas Nickleby” cited as one of the rare examples of a financially successful two-parter.
During its run, the production moved away from the two-part nature of the production, positioning the two parts as “separate and complete plays” and calling them “The Inheritance” and “The Inheritance: Part 2.”
In December, the play released a block of tickets to be sold through June 7, the day of the 2020 Tony Awards.
Because of its performance schedule, in which the first part of “The Inheritance” was performed five times a week and the second part three times a week, the production will have played 86 regular performances of “The Inheritance” and 52 of “The Inheritance Part 2” upon closing.