Tour recoupment
Tour recoupment
#1Tour recoupment
Posted: 10/5/16 at 9:45pm
I was just going deep into Wikipedia and ended up on the Cinderella the musical Wikipedia page and under the section regarding the tour it states the tour recouped its initial investment six months into the run. So I was wondering do they announce when a tour recoups or is it kept secret more often?
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
asmith0307
Broadway Star Joined: 8/5/14
#2Tour recoupment
Posted: 10/5/16 at 9:52pm
Sometimes they do, sometimes they don't. It's not really a secret. It just happens so often (unlike Broadway), so its not as big of a deal.
asmith0307
Broadway Star Joined: 8/5/14
#4Tour recoupment
Posted: 10/5/16 at 9:55pm
I was thinking it would happen more often, because of the number of subscription houses and also if a show tours it most likely meant it was successful on Broadway which would help it be a hit.
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
RippedMan
Broadway Legend Joined: 8/14/05
#5Tour recoupment
Posted: 10/6/16 at 12:38am
Are the tour and the Broadway production separate for the investors? Cinderella didn't recoup on Broadway, right? But it did on tour? So did they get paid?
#6Tour recoupment
Posted: 10/6/16 at 12:13pm
As I understand it, they are separate investments. Broadway investors have the right to invest in the tour, but at a smaller level. So if you invest in the NY production at X, you can typically invest 25% X or .33% X in a tour. Rough approximations, obviously, but it's something like that.
CZJ at opening night party for A Little Night Music, Dec 13, 2009.
#7Tour recoupment
Posted: 10/25/16 at 6:36pm
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
trpguyy
Broadway Legend Joined: 2/25/05
#8Tour recoupment
Posted: 10/25/16 at 6:43pm
That's great about Gents Guide. In my experience, tours don't usually make an announcement about recoupment. Before overages (profit-sharing with company members) were as common as they are now, a tour could recoup and nobody on the show would necessarily know. Now company members (and investors, obviously) know because the overage percentage raises post-recoupment.
