Business: Gag Tycoon

When Funnyman Ed Wynn's Laugh Parade was on Broadway last winter tens of thousands of people saw it, paying top prices of $5.50 at the box office, sometimes three times as much from speculators. One man saw it four times. Each time he bought a seat in a box, turned his back on the stage as soon as the curtain went up. Despite this antic, which seemed eccentric to other spectators, the four-time box-sitter meant much more money in the end to Funnyman Wynn than anyone else in the house. For by keeping...

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