Which pricing strategy revolutionized Broadway ticket sales in the early 2000s, leading to record revenues for hit shows like 'Wicked' and 'The Lion King'?

The world of performing arts uses sophisticated pricing models to balance accessibility with financial sustainability. From dynamic pricing at Broadway shows to subscription models at symphony orchestras, performing arts organizations must carefully craft their pricing strategies to fill seats while maximizing revenue. Test your knowledge about how the business side of performing arts approaches ticket pricing and revenue management.

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Premium pricing (charging significantly higher prices for the best seats)
Rush tickets (deeply discounted same-day tickets available at the box office)
Subscription bundling (mandatory season ticket purchases)
Two-tier pricing (weekday vs. weekend performance pricing)