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If You Want To See ON THE TOWN, You'll Have To Fund It Yourself

If You Want To See ON THE TOWN, You'll Have To Fund It Yourself

Broadway Joe Profile Photo
Broadway Joe
#2If You Want To See ON THE TOWN, You'll Have To Fund It Yourself
Posted: 8/14/14 at 12:20am

You would have to be a real sucker to fund anything at that theater.

Is this show having money issues already? Is that why they are doing this? Or do they just want to see if there are any suckers out there?

FindingNamo
#2If You Want To See ON THE TOWN, You'll Have To Fund It Yourself
Posted: 8/14/14 at 12:25am

I have all the qualifications of an accredited investor except for the financials. Frowny face.


Twitter @NamoInExile Instagram none

CATSNYrevival Profile Photo
CATSNYrevival
#3If You Want To See ON THE TOWN, You'll Have To Fund It Yourself
Posted: 8/14/14 at 1:56am

This really bums me out. We're not getting a cast album now are we?

FishermanBob Profile Photo
FishermanBob
#4If You Want To See ON THE TOWN, You'll Have To Fund It Yourself
Posted: 8/14/14 at 2:14am

Unfortunately, at the present time, all my money is tied up in currency.

brdway411
#5If You Want To See ON THE TOWN, You'll Have To Fund It Yourself
Posted: 8/14/14 at 3:09am

No chance in hell, not in that theater. It is too big.

Eurotrash Profile Photo
Eurotrash
#6If You Want To See ON THE TOWN, You'll Have To Fund It Yourself
Posted: 8/14/14 at 4:48am

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?

chewy5000 Profile Photo
chewy5000
#7If You Want To See ON THE TOWN, You'll Have To Fund It Yourself
Posted: 8/14/14 at 7:31am

A handful of shows have done this recently, and unless I'm much mistaken, they've all failed. I wonder why?

ArtMan
#8If You Want To See ON THE TOWN, You'll Have To Fund It Yourself
Posted: 8/14/14 at 7:38am

I already invested in this show...with a ticket purchase.

Michael Bennett Profile Photo
Michael Bennett
#9If You Want To See ON THE TOWN, You'll Have To Fund It Yourself
Posted: 8/14/14 at 8:46am

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.

Updated On: 8/14/14 at 08:46 AM

neonlightsxo
#10If You Want To See ON THE TOWN, You'll Have To Fund It Yourself
Posted: 8/14/14 at 8:47am

Not a good sign that they're asking for money this late in the game. They start previews next month! Where was this campaign months ago?

Michael Bennett Profile Photo
Michael Bennett
#11If You Want To See ON THE TOWN, You'll Have To Fund It Yourself
Posted: 8/14/14 at 9:01am

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.

evic
#12If You Want To See ON THE TOWN, You'll Have To Fund It Yourself
Posted: 8/14/14 at 9:33am

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.

newintown Profile Photo
newintown
#13If You Want To See ON THE TOWN, You'll Have To Fund It Yourself
Posted: 8/14/14 at 10:12am

But... but... I don't care if I see it or not.

ACL2006 Profile Photo
ACL2006
#14If You Want To See ON THE TOWN, You'll Have To Fund It Yourself
Posted: 8/14/14 at 10:30am

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.

Timmer
#15If You Want To See ON THE TOWN, You'll Have To Fund It Yourself
Posted: 8/14/14 at 6:51pm

Try Kickstarter or Indiegogo.

Kad Profile Photo
Kad
#16If You Want To See ON THE TOWN, You'll Have To Fund It Yourself
Posted: 8/15/14 at 8:01am

Well, at this rate, I suppose we'll be lucky if it opens at all.


"...everyone finally shut up, and the audience could enjoy the beginning of the Anatevka Pogram in peace."

Auggie27 Profile Photo
Auggie27
#17If You Want To See ON THE TOWN, You'll Have To Fund It Yourself
Posted: 8/15/14 at 8:28am

Jeesh, you have to pass the co-op board before they let ya in. Wonder if I can keep my four guinea pigs and tear down my bitch of a bearing wall.


"I'm a comedian, but in my spare time, things bother me." Garry Shandling

JeffClair1979
#18If You Want To See ON THE TOWN, You'll Have To Fund It Yourself
Posted: 8/15/14 at 12:03pm

I'm gonna send them $10 and I damn well better get to go up on stage when they win best revival at the Tony's. :-P

best12bars Profile Photo
best12bars
#19If You Want To See ON THE TOWN, You'll Have To Fund It Yourself
Posted: 8/15/14 at 2:03pm

Broadway's Kick-Turn-Kick-Turn-Starter!


"Jaws is the Citizen Kane of movies."
blocked: logan2, Diamonds3, Hamilton22

macnyc Profile Photo
macnyc
#20If You Want To See ON THE TOWN, You'll Have To Fund It Yourself
Posted: 8/15/14 at 2:15pm

^^^ Good one!

New York Times article today:






A Broadway Show Pitches to Investors Online Updated On: 8/15/14 at 02:15 PM

CATSNYrevival Profile Photo
CATSNYrevival
#21If You Want To See ON THE TOWN, You'll Have To Fund It Yourself
Posted: 8/15/14 at 2:56pm

So they'll complete the investment with their own money but they'd rather not. I see.

Addison D. Profile Photo
Addison D.
#22If You Want To See ON THE TOWN, You'll Have To Fund It Yourself
Posted: 8/15/14 at 4:42pm

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...
Updated On: 8/16/14 at 04:42 PM

Eurotrash Profile Photo
Eurotrash
#23If You Want To See ON THE TOWN, You'll Have To Fund It Yourself
Posted: 8/16/14 at 3:17am

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?