Which innovative pricing strategy revolutionized Broadway ticket sales in the 2000s, allowing productions like 'The Lion King' and 'Wicked' to achieve record-breaking revenues?

The performing arts industry has evolved sophisticated pricing models to maximize revenue while maintaining accessibility. Broadway theaters in particular use various pricing strategies that balance profitability with audience development goals. Test your knowledge about how ticket prices are set for major theatrical productions and how these strategies have transformed over time.

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