“King Kong” will play its final performance on Aug. 18.
The musical, produced by Carmen Pavlovic and Roy Furman, will have played 324 performances and 29 previews at the time of closing. The show announced closing after a rocky season on Broadway.
The show, which opened at the Broadway Theatre on Nov. 8, 2018, hit its highest gross of $1.8 million in the holiday week ended Dec. 30. But beyond the holiday bump, the show’s grosses have been struggling, with the show hovering around 40% to 50% of its gross potential since January.
Last week, “King Kong” reported grosses of $782,914, or 54% of its gross potential. These low gross numbers were up against the high cost of the musical, which was capitalized for up to $36.5 million, according to a filing with the Securities and Exchange Commission.
The show was written by Jack Thorne and directed by Drew McOnie, with a score by Eddie Perfect. It received three Tony nominations as well as a special Tony for the puppeteers who operate the gorilla.
A North American tour, and productions in Japan and Spain, are in development, according to the producers.
“King Kong” has already announced it will open a production in Shanghai in 2021.