Are Kristin Chenoweth and Keanu Reeves Tony-bound? Breaking down the Broadway hits and misses so far this season
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This week's episode of Gold Derby's Awards Magnet dives deep into the 2025-26 Tony Awards season, analyzing the first half of the Broadway season ahead of the June 9 ceremony. Host Ethan Alter is joined by Tony experts David Buchanan and Sam Ekman to assess the current landscape, focusing on the surprisingly slim slate of new musicals and the impact of early closures on nomination prospects. Key discussions center on high-profile fall productions like *Queen of Versailles*—a lavish but short-lived revival starring Kristen Chenoweth and Stephen Schwartz—whose legacy may hinge on design and acting nominations despite its early closure. In contrast, *Ragtime* and *Chess* are praised for their emotional power and bold reimaginings, with *Chess* benefiting from strong performances and post-opening growth. The episode highlights *Two Strangers Carry a Cake Across New York* as a potential breakout original musical with heart and a strong original score, positioning it as a dark horse in the Best Musical race. On the play side, *Liberation* emerges as a frontrunner despite closing early, while *Death of a Salesman* and *Bug* are anticipated as major contenders in acting categories, with Laurie Metcalf, Carrie Coon, and Nathan Lane all in the mix. The conversation also humorously addresses the long-shot possibility of Keanu Reeves earning a Tony for *Waiting for Godot*, ultimately concluding that while the production is well-staged, the lead actor category is too competitive for a non-traditional Broadway star to break through.
Early closures hurt a show's chances in Best Musical, but strong performances and design work can still lead to nominations.
Original scores are a major advantage this season, with *Two Strangers* and *The Lost Boys* standing out in a field dominated by revivals.
Shows that grow in strength after opening previews—like *Chess*—may gain momentum with Tony voters who revisit them.
Acting categories are fiercely competitive, especially for lead actress, where Laurie Metcalf and Carrie Coon are strong contenders.
The Tony Awards are increasingly favoring emotionally resonant, character-driven stories over spectacle, even in a season with big productions.
…and 1 more takeaway available in PodZeus
Season Overview: A Lighter Year for New Musicals
The hosts open with a broad assessment of the 2025-26 Tony season, noting a reduced number of new musicals compared to the previous year. They discuss how the timing of openings—fall vs. spring—affects visibility and nomination chances, with fall shows having an advantage due to longer exposure and stronger memory retention among voters.
Queen of Versailles: A Grand Failure with Hidden Strength
“I don't think it's going to be completely left out the way some people in our prediction center think... I do think it does have a chance in several other categories.”
Ragtime vs. Cats: The Battle for Best Musical Revival
“I would put strong money on these two productions being the nomination leaders by a wide margin.”
Chess: A Cult Classic Reimagined with Risk and Reward
“I think he's definitely in, I have Lea Michele hovering in that category. I can easily imagine her getting nominated. I can easily imagine her being left off.”
Two Strangers: The Heartfelt Underdog with Original Score
“It's the one that has the heart and the emotion running all the way through. In that sense, I feel like Two Strangers is just like those shows.”
“I think if we're looking for those moments that stand out, that ending where you watch this once sane woman completely unravel and buy into this conspiracy is, uh, like the most deeply unsettling thing that I maybe have ever seen on Broadway.”
“I just think lead actor is so stacked and the fact that if there are fans of this revival, are they going to put both... Are they going to give two of their votes for lead actor to Keanu Reeves and Alex Winter? Are they just going to go with one?”
“I think, you know, My frontrunner is Leslie Manville for now because I feel like she's the woman that everyone is talking about.”
Host
Guests
David Buchanan
person
Sam Ekman
person
Queen of Versailles
other
Chess
other
Ragtime
other
Two Strangers Carry a Cake Across New York
other
Liberation
other
Kristen Chenoweth
person
Nicholas Christopher
person
Lea Michele
person
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