As it doesn't say what equity stake they are offering, it might be a relatively token amount? It certainly seems a bit late to be looking for major funding via this route. Overall it is a fantastic development for funding, though.
Why don't you go? Why don't you leave Manderley? He doesn't need you... he's got his memories. He doesn't love you, he wants to be alone again with her. You've nothing to stay for. You've nothing to live for really, have you?
As a theoretical, I continue to think these kinds of concepts are interesting because there ARE people out there who are interested in becoming Broadway producers but are neither connected to that inner circle, nor qualify for standard Broadway buy-ins (which usually are $25K+ for a single investor). Hell, we've seen multiple posts on this board over the years from people interested in investing but stuck trying to figure out how that closed circle works.
I won't speak as to whether I think investing in ON THE TOWN is a good idea or not (frankly no Broadway show is a wise investment if you are talking about risks/losses), but obviously, they are not looking to 100 percent fund the production from this platform. As a limited offering, I think its potentially a good thing to open the opportunities for Broadway funding, particularly if it helps more risky artistic projects come in. At the very least, I'd at least be intrigued to hear what kind of response this generates.
Very few Broadway shows are fully funded a month before performances begin. Many are still looking to raise contingency funds during previews. Even shows looking like a potential hit. You can't really use that as the sole barometer of the financial security of a production. Unless you have Hugh Jackman or Al Pacino starring, pretty much every Broadway show is always looking for additional money.
They should ask Joop- he has plenty of money to burn. They can always add a boxing ring to the set-there is one available. As wonderful as the show is, and talented this cast is, alas, it will run for 2-3 months, if that long and shutter. Tons of seats will be available on TDF.
so I think this ensures us it'll be closed by New Years.
A Chorus Line revival played its final Broadway performance on August 17, 2008. The tour played its final performance on August 21, 2011. A new non-equity tour started in October 2012 played its final performance on March 23, 2013. Another non-equity tour launched on January 20, 2018. The tour ended its US run in Kansas City and then toured throughout Japan August & September 2018.
For a milestone birthday several years ago, I invested in a Broadway musical. I was Fire Island Friends with a real producer, and he was kind enough to let me invest at the scale that the Kagans are proposing.
Not only was he kind enough to allow me to invest, he invited me to participate--that is to say: Observe. Silently. And keep my opinions to myself--in the entire process: readings, the out-of-town workshop, rehearsals etc. Simultaneously far more tedious and far more exciting than the process I saw in the few episodes of 'Smash' that I watched, I thought it was fascinating and utterly thrilling.
I don't know whether the Kagans or this, specific, production are a good investment but if they are willing to make the entire process available to small investors I would definitely consider doing it again.
You think, what do you want?
You think, make a decision...
They haven't handled this announcement all that we'll. Should've been a PR plus.
Why don't you go? Why don't you leave Manderley? He doesn't need you... he's got his memories. He doesn't love you, he wants to be alone again with her. You've nothing to stay for. You've nothing to live for really, have you?