Which product development practice revolutionized Broadway productions in the 2000s, significantly reducing financial risk and increasing the success rate of new shows?

In the performing arts industry, successful productions require careful product development strategies that balance artistic vision with commercial viability. Broadway shows represent some of the most meticulously developed 'products' in the entertainment world, with extensive development cycles from concept to opening night. Test your knowledge about how theatrical productions evolve from creative concept to marketable entertainment product!

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Out-of-town tryouts with extensive audience feedback collection and analytics
IP-based adaptation strategy (developing shows based on existing popular movies, books, or music catalogs)
Celebrity casting as the primary development consideration
Minimalist staging to reduce production costs