Which innovative pricing strategy was first widely adopted by Broadway theaters in the early 2000s, leading to record revenues while maintaining accessibility?

The performing arts industry employs sophisticated pricing strategies that balance accessibility with revenue generation. From dynamic pricing for Broadway shows to subscription models for symphony orchestras, these approaches have evolved dramatically in the digital age. This trivia question explores a significant pricing innovation that transformed ticket sales in the performing arts sector. Test your knowledge of how venues maximize both attendance and revenue!

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Dynamic pricing that adjusts ticket costs based on real-time demand analytics
Rush tickets offering deeply discounted seats exclusively through lottery systems
Subscription bundling that requires purchasing tickets to multiple shows at once
Tiered experience packages with varying levels of backstage access and merchandise