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Hamilton actors to get profit-sharing

Hamilton actors to get profit-sharing

macnyc Profile Photo
macnyc
#1Hamilton actors to get profit-sharing
Posted: 4/16/16 at 11:20am

I'm happy to hear this! I wonder what this means for those who took part in the workshops and ended up not in the off Broadway and Broadway productions. Very interesting article about a topic the general public doesn't get to hear much about!

The producers of “Hamilton,” a show that could well make hundreds of millions of dollars, on Friday bowed to pressure and said they would share some of the musical’s profits with original cast members.

The deal, which was announced by a lawyer representing more than two dozen actors and dancers who were part of the show’s development and first productions, is a major victory for the cast and could have ripple effects in the theater industry, where the huge success of “Hamilton,” and the lack of profit-sharing, catalyzed a growing debate about actor compensation.

http://nyti.ms/1SQUWpY

 

 

Dave13 Profile Photo
Dave13
#2Hamilton actors to get profit-sharing
Posted: 4/16/16 at 11:27am

Very interesting. Is this while the actors remain with the show, or forever?  I hope this means the original cast will remain longer as they now have an incentive to continue.  


Not to be confused with Dave19.

NJ_BroadwayGirl Profile Photo
NJ_BroadwayGirl
#3Hamilton actors to get profit-sharing
Posted: 4/16/16 at 11:30am

Dave13 said: "Very interesting. Is this while the actors remain with the show, or forever?  I hope this means the original cast will remain longer as they now have an incentive to continue.  "

While details have yet to be released, my understanding is that the profit sharing would be for quite a few years (whatever they agree upon) - as it would have been if their original contract included it. So they can leave the show and still get money from it because they are being compensated for the roles they helped create and bring to life for the first time.  This would also include profits from future touring and sit down productions. I think it's probably the group of actors sharing 1%, but that can ultimately add up to serious cash (just ask anyone who workshopped Wicked). 


I like a good rhyme more than a good time
Updated On: 4/16/16 at 11:30 AM

SueBee06
#4Hamilton actors to get profit-sharing
Posted: 4/16/16 at 1:58pm

Oh wow. I'm surprised it would be in perpetuity. I thought it would stick to the 18 years, but who knows. I'm happy for them either way. 

NJ_BroadwayGirl Profile Photo
NJ_BroadwayGirl
#5Hamilton actors to get profit-sharing
Posted: 4/16/16 at 2:06pm

SueBee06 said: "Oh wow. I'm surprised it would be in perpetuity. I thought it would stick to the 18 years, but who knows. I'm happy for them either way. "

No you are probably correct! I used the wrong term - I intended to mean a predetermined contract length rather than only for the period of time they remain actively in the show which Dave13 asked. 

I'm going to edit my comment to make more sense. Thank you!


I like a good rhyme more than a good time

pupscotch
#6Hamilton actors to get profit-sharing
Posted: 4/16/16 at 3:11pm

Does this mean the original Broadway cast, or the original Off-Broadway cast? Mainly asking because I know Brian d'Arcy James was the first King George III Off-Broadway, but Jonathan Groff played the role first on Broadway. 

Call_me_jorge Profile Photo
Call_me_jorge
#7Hamilton actors to get profit-sharing
Posted: 4/16/16 at 3:12pm

^its for the original workshop cast. I think.


In our millions, in our billions, we are most powerful when we stand together. TW4C unwaveringly joins the worldwide masses, for we know our liberation is inseparably bound. Signed, Theater Workers for a Ceasefire https://theaterworkersforaceasefire.com/statement

gypsy101 Profile Photo
gypsy101
#8Hamilton actors to get profit-sharing
Posted: 4/16/16 at 3:28pm

is there a list of all the cast members who will get a share?


"Contentment, it seems, simply happens. It appears accompanied by no bravos and no tears."

Pootie2
#9Hamilton actors to get profit-sharing
Posted: 4/16/16 at 3:29pm

The cynical me is genuinely surprised this happened. Good for them!


#BoycottTrumplikePattiMurin

Mike Costa Profile Photo
Mike Costa
#10Hamilton actors to get profit-sharing
Posted: 4/16/16 at 3:53pm

I think Pootie is right.  What happened to cause the producer's attorney to agree to give over millions of dollars to the original actors when they do not contractually have to?

It is not  a question of happy or sad or fair or not, is just not how business works.  What leverage did the actors have that caused this happen and does this now open the door to actors having to share losses with producers when a show does not do well?

NJ_BroadwayGirl Profile Photo
NJ_BroadwayGirl
#11Hamilton actors to get profit-sharing
Posted: 4/16/16 at 4:03pm

Good point - what kind of precedent is this going to set? I think this whole thing has opened some real dialogue with equity. It seems recently that shows have been going with the Lab contract that pays more each week upfront and doesn't include any profit sharing instead of the Workshop contract that does. 

Even though Lab contracts are worse for actors, if those become the only kind of new material opportunities available, what choice do they have? I know Equity is holding member meetings to address his and ensure that members know what they are signing when they sign. 

I don't have a horse in the race but I find it all compelling. I heard on a podcast this week that Lin's father has been contracted all along to receive a 1% royalty as a creative consultant. It made me wonder if there was any discord at the Richard Rodgers over this. 

Also, an explanation of the contract types from the Times article:

For years, many shows have been developed using an Equity workshop contract, under which actors are paid a flat rate of $631 for every five-day workweek. The actors also get benefits, are entitled to a right of first refusal to their role — and to split 1 percent of any future royalty pool for 18 years.

But, in more recent years, producers have tended to favor an alternative Equity contract, the developmental lab, under which actors are paid $1,000 a week but have no right of refusal and no promise of royalty participation.


I like a good rhyme more than a good time

PalJoey Profile Photo
PalJoey
#12Hamilton actors to get profit-sharing
Posted: 4/16/16 at 4:31pm

I'm very happy for all involved.

And for those who are members of Actors Equity (i am not), attending these meetings is of vital importance.


SweetLips Profile Photo
SweetLips
#13Hamilton actors to get profit-sharing
Posted: 4/16/16 at 5:09pm

'Money is the root of all evil'  not original I know but---I remember the day when we [the performer] would have PAID [not really] to be in a show. The hours and cost of classes, the disappointments, the joy, all to try to be a part of show biz.

$90.a week as a chorus boy and an away from home allowance--we were all in Heaven.

I believe you are contracted and paid for a job and that is the end of the responsibility of the employer. If an agent is involved-their job is to negotiate.

Hamilton could do a 'Friends' thing and threaten to go on strike, as they collectively might already have done but where does this end?  As someone above said--what happens if something flops? Greed, envy is the problem and the attitude--- don't do anything or even give information/service,unless you are paid for it.

Give the performers a bonus if you will but if you are not happy with the conditions, when contract time comes around ,leave, as there are dozens of others just as capable of playing your part.

SL.........x

Mr. Musical Profile Photo
Mr. Musical
#14Hamilton actors to get profit-sharing
Posted: 4/16/16 at 5:51pm

NJ_BroadwayGirl said: "Even though Lab contracts are worse for actors"

 

This is not necessarily true, because in most cases, the actors are getting paid more up front and if the show flops (which most do), they've actually made more money that if they had profit sharing/lower workshop pay checks (like the original Workshop contract has).

It's really in hit shows that this debate matters significantly, which is a (relatively speaking) small percentage 

NJ_BroadwayGirl Profile Photo
NJ_BroadwayGirl
#15Hamilton actors to get profit-sharing
Posted: 4/16/16 at 6:00pm

Mr. Musical said: "NJ_BroadwayGirl said: "Even though Lab contracts are worse for actors"

 This is not necessarily true, because in most cases, the actors are getting paid more up front and if the show flops (which most do), they've actually made more money that if they had profit sharing/lower workshop pay checks (like the original Workshop contract has).

It's really in hit shows that this debate matters significantly, which is a (relatively speaking) small percentage 
"

True, true. I guess my characterization of it being worse is that a Lab pays less than $400 more a month and that's it. No right of first refusal or profit sharing. So they do get paid more upfront but they are (potentially) giving up a lot. Though as you pointed out, more shows flop than hit. I wonder if producers who really feel good about a show are more likely to offer Lab contracts since they know they won't have to profit share? 


I like a good rhyme more than a good time

A Director
#16Hamilton actors to get profit-sharing
Posted: 4/16/16 at 11:56pm

Sweet Lips, I am troubled by your trip to nostalgia land.  Back in your dark ages, it was probably easier to live on $90 a week plus an away from home allowance. Today it is not!

Until 1934, actors were not paid for rehearsals.  If a producer decided not to open a show, the actors got nothing.  There was a time when there were no rules about how many hours actors were allowed to rehearsals.  There are stories of actors rehearsing all day, growing tired and wanting to home, but the producer arriving fresh as a daisy and demanding to see a run through.  Do you think this is part of show biz?  I don't!  To me, this is treating actors like crap.

What is wrong with actors being paid for readings, etc?  Actors should be treated with respect and paid for their work even if it's a reading or workshop.  Greed and envy have nothing to do with it.

Sounds to me you were a young, dumb chorus boy.  I bet things weren't all sunshine and lollipops in your dark ages!

Taryn Profile Photo
Taryn
#17Hamilton actors to get profit-sharing
Posted: 4/17/16 at 1:19am

Any time you start off with something like "in my day we would have PAID to be involved" you kind of remove yourself from being able to talk seriously about labor issues.

Actors shouldn't just be happy to be involved and take whatever they give them, and coming from that perspective always disempowers actors as workers and contributes to the very popular notion that allows shows to not pay actors at all.  Which is why AEA exists and why for many years the workshop contract was standard.

What happens when a show flops?  There's no profit to share so they don't have to get paid the extra money.

SweetLips Profile Photo
SweetLips
#18Hamilton actors to get profit-sharing
Posted: 4/17/16 at 2:55am

To adirector and God help the business if he/she is one---you were talking sense there for a while but to finish your tirade with the 'dumb chorus boy'  bit,  I would politely ask you to edit out the dumb and insert 'cute'.

Thank you.

 

and Taryn--blow it out your a.se----I am so glad I was 'in' the dark old ages because in those days, to us dumb chorus boys,.theatre was all about the show and NOT the business--we could not have cared less about that because we were IN IT and doing what we prepared for and loved.  It seems there is absolutely no way you can or could relate to that.

SL

yankeefan7 Profile Photo
yankeefan7
#19Hamilton actors to get profit-sharing
Posted: 4/17/16 at 8:24am

I am happy for all the actors involved, getting more money is very nice. That being said, the investors take all the risk and if the show does not recoup the actors still get their money for as long as the show runs. I am not in the business so I don't know if a show closes before the actors contract ends if they get paid for the entire length of the contract.

haterobics Profile Photo
haterobics
#20Hamilton actors to get profit-sharing
Posted: 4/17/16 at 9:55am

yankeefan7 said: "That being said, the investors take all the risk and if the show does not recoup the actors still get their money for as long as the show runs. I am not in the business so I don't know if a show closes before the actors contract ends if they get paid for the entire length of the contract."

 

Yes, but the point isn't that they just showed up and performed the script, but that they played a vital role in shaping the work into what it is now, and that they have helped in the creative process.

 

And, no, they don't.

HogansHero Profile Photo
HogansHero
#21Hamilton actors to get profit-sharing
Posted: 4/17/16 at 10:09am

haterobics said: "yankeefan7 said: "That being said, the investors take all the risk and if the show does not recoup the actors still get their money for as long as the show runs. I am not in the business so I don't know if a show closes before the actors contract ends if they get paid for the entire length of the contract."

Yes, but the point isn't that they just showed up and performed the script, but that they played a vital role in shaping the work into what it is now, and that they have helped in the creative process.

And, no, they don't.
"

The reference to the investors is inapt. Investors are the only royalty participants who have risk; the "creative team" and even the producer have shares without risk. The issue, in essence, is whether the participants in the development stages are entitled to a slice, and if so under what circumstances. 

JM226
#22Hamilton actors to get profit-sharing
Posted: 4/17/16 at 10:52am

why can't the royalties just be limited to the net profits and not the gross profits?  that's a fair compromise. 

Taryn Profile Photo
Taryn
#23Hamilton actors to get profit-sharing
Posted: 4/17/16 at 12:48pm

SweetLips said: "and Taryn--blow it out your a.se----I am so glad I was 'in' the dark old ages because in those days, to us dumb chorus boys,.theatre was all about the show and NOT the business--we could not have cared less about that because we were IN IT and doing what we prepared for and loved.  It seems there is absolutely no way you can or could relate to that.

SL
"

Wow, there is like no reason for you to be so aggressive at me for saying that actors should still have worker's rights.  I was not the one who said anything about the dark ages or dumb chorus boys.  But it's still harmful to approach the situation with an attitude of "actors should be happy with whatever they're getting" because it's part of such a common group of justifications for mistreating actors.  I'm sure that these actors are thrilled to have been a part of the development of one of the most important shows in recent years.  But money isn't dirty.  Wanting money in return for professional work isn't greedy.  The insistence that talking about money is uncouth or against the artistic purity of art is a super common way to silence workers in the arts.  The fact that it's art and it's beautiful and important doesn't take away from the fact that it's also people's livelihoods and they deserve to be able to organize.

SweetLips Profile Photo
SweetLips
#24Hamilton actors to get profit-sharing
Posted: 4/17/16 at 4:00pm

If I am on the production line in the process of creating a new product, whatever it might be [and I have been there] I am paid my daily/hourly rate that I or the/my union approved. End of story.

IF the product is a success--the inventor who took the risks benefits the most [we unexpectedly got a one off bonus down the track] and we kept on making the successful product-same salary but continuous work.

Success breeds jealousy and discention and unrest. You can't quietly negotiate anymore.

Apologies to the above-caffine crisis.

SL,,,,,x

Ranger Tom
#25Hamilton actors to get profit-sharing
Posted: 4/17/16 at 4:09pm

Interesting and good for them.  Wonder how popular/profitable a show will need to be for this to happen with future shows.  How would it happen for a Shrek/Last Five Years vs. Wicked/Phantom.  Would love to see the actors from the concept albums of Les Mis or JCS get something like this?  Or how about the Carnegie Mellon group that workshopped Godspell?