Photograph by Larry Fink
Photograph by Larry Fink

In the great tradition of behind-the-scenes theatre-world satires comes a starry revival of Terrence McNally’s “It’s Only a Play,” at the Schoenfeld. The comedy premièred Off-Off Broadway in 1982, but the script has been updated with fresh references both broad (the revival of the revival of “Les Misérables”) and insidery (the uncanny power of NY1 theatre critics), to skewer—and celebrate—the state of theatre today. Nathan Lane and Matthew Broderick, professional buddies since “The Producers” (2001) and “The Odd Couple” (2005), pair up once again, as a successful TV actor (Lane) and a playwright (Broderick), who, along with a falling-star actress sporting an ankle monitor (Stockard Channing) and a wealthy producer (Megan Mullally), wait anxiously on opening night to see if their new play will be a hit.