Which data analytics technique revolutionized Broadway ticket pricing in the 2010s, leading to record revenue growth and allowing theaters to maximize attendance across different performance dates?

The performing arts industry has embraced data analytics to transform everything from ticket pricing to audience development strategies. Modern theaters and performance venues now leverage sophisticated data systems to understand patron behavior, optimize seating arrangements, and personalize marketing. How well do you understand the intersection of data analytics and the performing arts business model? Test your knowledge about how venues are using data to enhance both the artistic and commercial aspects of live performance.

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Dynamic pricing algorithms that adjust ticket costs based on real-time demand, similar to airline pricing models
Blockchain-based ticketing systems that eliminated secondary markets
Social media sentiment analysis that predicted show popularity before opening night
Virtual reality previews that allowed customers to experience seats before purchasing