It
is often said that public radio and theatre are not complete without
the audience, and the same is true for COMPACT BROADWAY.
In
terms of our audience, we have had two groups in mind since
we first started developing the concept of COMPACT BROADWAY
people who go to theatre and people who listen to public
radio. Although these two segments may seem different, their
core audiences share a number of similarities in age, income
and education. But before we get to those comparisons, you may
be wondering who we are trying to reach.
Well,
since COMPACT BROADWAY is not on the air yet, there are
no ratings to show who are listeners will be, but there are
a number of studies that support our belief that there is an
audience for theatre-related programming on public radio. As
seen in the charts below, these reports also indicate that the
target listener demographic for COMPACT BROADWAY is a
highly desirable one: Adults who are between the ages of 35
and 64, more than half of which have household incomes of more
than $75,000, while almost two out of every three have graduated
college or have advanced education.
First,
in terms of audience size, the National
Endowment for the Arts states that theatre continues to
be the most attended discipline of the performing arts with
record audience numbers. For the twelve months ending August,
2002, one in six American adults (35 million people) attended
at least one musical, while one out of every eight (25 million
adults) went to a play (a). By comparison, the average
weekly audience for National
Public Radio is 26 million listeners or one in eight adults
(b). Of those listeners, more than one in four attend
live theatre (d).
From
this potential audience, our goal is to build a core listener
base for COMPACT BROADWAY from the two highest percentages
of adult theatergoers (ages 35-49 and 50-64) for Touring Broadway
as indicated by The
League of American Theatres and Producers (c). As
the following Age chart (Figure 1) shows, this target audience
is also in alignment with the core demographics of public radio
as reported by Mediamark
Research (d).
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In
addition to overlapping age segments, audience comparisons show
that Touring Broadway and National Public Radio audiences share
similar characteristics in terms of income and education.
Theatregoers
and public radio listeners consistently have higher incomes
than the typical American family as this Annual Household Income
chart (Figure 2) demonstrates.
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In 2003, the median annual household income in the U.S. was
$43,500 (e).
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25% of U.S. households earned over $75,000 in annual income,
with 14% above $100,000 (e).
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More than doubling the national statistics, 54% of Touring Broadway
audiences report an annual household income beyond $75,000,
while 36% state income of more than $100,000 (c).
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The National Public Radio listener base is nearly identical
to Touring Broadway with 52% of its audience earning greater
than $75,000 and 35% exceeding $100,000 (d).
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Of the U.S. adult population over the age of 25, only 27% have
graduated college or obtained advanced education (e).
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For National Public Radio listeners, the statistic is two and
a half times greater at 65% (d).
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This percentage increases slightly more to 69% for those attending
Touring Broadway (c).
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