Like this article says, you know times are tough when Andrew Lloyd Webber is talking about doing a sequel rather than a new production. This new production of Phantom is said to take place 10 years after the oriiginal, with the Phantom surviving and turning up in Coney Island, New York. They're talking about a simultaneous launch in 3 cities with different names being bandied about for the lead.
And Mark Evanier talks about the different things that make up a Las Vegas show's budget. The money doesn't come from the casinos, that's how they get to keep that money. Mark's the one who got me up to speed on Hollywood accounting years before the Art Buchwald Coming To America case came about, so it's worth a read.