Comscore

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

Broadway Joe Profile Photo
Broadway Joe
Broadway Star
joined:6/15/10
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 Profile Photo
FindingNamo
Broadway Legend
joined:7/22/03
I have all the qualifications of an accredited investor except for the financials. Frowny face.
'First the Bastille than the butt plug.' -- M ______
CATSNYrevival
Broadway Legend
joined:3/1/04
This really bums me out. We're not getting a cast album now are we?
FishermanBob Profile Photo
FishermanBob
Broadway Legend
joined:7/9/12
Unfortunately, at the present time, all my money is tied up in currency.
brdway411
Broadway Star
joined:2/24/14
No chance in hell, not in that theater. It is too big.
Eurotrash Profile Photo
Eurotrash
Understudy
joined:8/28/13
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
Broadway Legend
joined:12/1/09
A handful of shows have done this recently, and unless I'm much mistaken, they've all failed. I wonder why?
IMHO I see Queenie as being more of a brunette...
ArtMan
Broadway Legend
joined:9/10/08
I already invested in this show...with a ticket purchase.
Michael Bennett Profile Photo
Michael Bennett
Broadway Legend
joined:3/16/05
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
Broadway Legend
joined:7/29/08
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
Broadway Legend
joined:3/16/05
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
Broadway Star
joined:3/5/04
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
Broadway Legend
joined:3/3/10
But... but... I don't care if I see it or not.
ACL2006 Profile Photo
ACL2006
Broadway Legend
joined:2/11/06
so I think this ensures us it'll be closed by New Years.
A Chorus Line 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.
Timmer
Broadway Star
joined:2/21/06
Try Kickstarter or Indiegogo.
Kad Profile Photo
Kad
Broadway Legend
joined:11/5/05
Well, at this rate, I suppose we'll be lucky if it opens at all.
Auggie27 Profile Photo
Auggie27
Broadway Legend
joined:10/13/03
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." Gary Shandling
JeffClair1979
Swing
joined:8/5/09
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
Broadway Legend
joined:6/29/05
Broadway's Kick-Turn-Kick-Turn-Starter!
"Jaws is the Citizen Kane of movies."
blocked: logan2, Diamonds3
macnyc Profile Photo
macnyc
Broadway Legend
joined:7/26/08
^^^ Good one!

New York Times article today:






A Broadway Show Pitches to Investors Online
Updated On: 8/15/14 at 02:15 PM
CATSNYrevival
Broadway Legend
joined:3/1/04
So they'll complete the investment with their own money but they'd rather not. I see.
Addison D. Profile Photo
Addison D.
Broadway Legend
joined:5/17/12
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
Understudy
joined:8/28/13
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?

 
Advertisement