Islander_fan said: "They do, however, have contracts with the company that does the hearing headsets. This is simply because They find it to be a worthwhile investment to give patrons that need it for them to Have a great experience."
While the theater owners do have exclusive agreements with the assisted listening device company, the producer of the show pays for it. I don't think it's the theater owners wanting people to have a good experience, ra
The Distinctive Baritone said: "Anyway, if the producers are trying to get rich off of this little show, with such a short run time they might as welluse the "alternates" (why not just call them understudies?) for at least one or two extra performances per week. I know some holiday shows on Broadway like How the Grinch Stole Christmashave done up to 10 or 11 shows a week."
Because understudies and alternates are two different things. An alternate h
barcelona20 said: "Given the small cast, small orchestra, and practically non-existent set, can you think of another relatively recent Broadway musical that is so cheap to produce and run?
Even Title of Show had some set pieces if I recall right? What other cheap shows am I forgetting?"
Shows that you think have a small budget and shows that actually have small budgets are very different things.
OlBlueEyes said: "Small businesses are financed through savings and bank loans of the owners and families.They are almost never funded throughsolicitation of strangers to invest.
It is far too expensive and time consuming to make a public offering under SEC rules."
That's the same reason Broadway shows aren't capitalized through a public offering (and why they can't solicit strangers.) Many start ups are financed in a similar fashion - tec
OlBlueEyes said: "And the Broadway business model does not work, or at least is on very shaky ground. Steven Baruch solicited my investment in the Off-Broadway revival of Smokey Joe's Cafe (not because we're good friends; I just got on his mailing list) and I did my research. Only 20 percent of musicals recoup. As an investment it is so risky that the SEC requires most to have a net worth of a million dollars, not including the value of your home. It is more like a donation i
RaisedOnMusicals said: "BroadwayRox3588 said: "HogansHero said: "So I will just warn folks not to believe everything they read."
Would that include your posts/corrections? Just wondering."
I don't know about you, but when Hogan posts anything to do with the finances of shows, etc. I tend to believe him. As far as I can tell, he knows considerablymore about that stuff than anyone who posts here, and by a very wide margin.
Phantom of London said: "As I have heard several times in the past, Broadway is where the money is made and lost.
However we get Broadway Grosses each week which is brilliant, but how much money does a show make on the road?
Generally theatres on tour can be much bigger than Broadway houses, sometimes double or treble the size.The Equity contract may be different and lot less pay than Broadway? On the down side you have to move the show every week or two or if y
HogansHero said: "percentage of what? investment? understand that there is no correlation between weekly net proceeds and the payout to investors. Investors do not receive a weekly check the way royalty recipients do."
Hogan is, as usual, correct. I meant to say it was the equivalent of that % of the capitalization. I believe they have returned 10% to investors so far.
JBroadway said: "itsjustmejonhotmailcom said: "That's based on looking at the recoupment chart in the investment docs and then adding about 20 % :)"
Are the investment docs made public somehow, or do you have an in with the production?
"
If you have $25 and some time on your hands you can get a copy from the NY Secretary of State. Or if you have friends who regularly invest in theater you can ask them
JBroadway said: "itsjustmejonhotmailcom said: "JBroadway said: "I'm very curious to see if Betrayal ends up recouping. The numbers aren't bad at all, and I would bet they are making more than their weekly nut. But it's unclear whether the margin is enough to recoup with such a short run.
On the surface, it seems like a fairly cheap play to run, butI imagine all 3 of the leads are pulling in a hefty salary,plus lodging, etc. Especially Hiddlest
JBroadway said: "I'm very curious to see if Betrayal ends up recouping. The numbers aren't bad at all, and I would bet they are making more than their weekly nut. But it's unclear whether the margin is enough to recoup with such a short run.
On the surface, it seems like a fairly cheap play to run, butI imagine all 3 of the leads are pulling in a hefty salary,plus lodging, etc. Especially Hiddleston."
Broadway Buddy said: "When I won the lotto there were A LOT of winners which means they didn’t sell many seats. I would say October because it’s a little late to announce a September closing. But I want it too last. The audience and my dad and I had a lot of fun during that show."
A sample size of one has a fairly large margin of error. And a larger theater is almost always going to have more discounts, more lottery winners etc because they have more seat
DoTheDood said: "EllieRose2 said: "Tootsie is doing fine (look at the numbers for all the garbage shows that just closed), Tootsie has performed better than them(obviously), so no, it's not closing in September."
Are you looking at the same graph because it's been doing just as bad (looking at their potential growth) as the other bottom shows since the beginning of July. The show has alsobeen on a spiral at the sametime as many shows peak for the
SouthernCakes said: "More so it’s a concern because the wages aren’t bad. Just feel like the union has let its members down by letting this go non-union. It’s not like it’s Bandstand. It’s a major property."
The union didn't "let" it, it's not their decision to make. Charlie was a flop on Broadway - bad reviews and didn't make its money back. That it was able to do a year-long tour was a small miracle in and of
Theatrefanboy1 said: "A topic came up today how much Broadway performers are worth. Not talking about those that move in and out between tv film concerts and broadway but those that typically are just theatre performers. Would it be safe to say that someone like Stephanie j block would have been earning about 20000 a week? And someone like Charlie Williams or Ryan Steele or Matt Doyle be warning around the 5000 a week. Or am I way off. Im just curious how difficult it is for a perfor
There are still minimum rehearsal periods required, the sets often don't transfer, (because they were built in a non-union shop, weren't built to be moved, aren't the right dimensions for the theater, etc.) To Hogan's point, if a transfer was planned from the outset, those costs usually become part of the Broaway capitalization. You'll always need to re-tech the show because a new theater will have different acoustics, lighting positions, stage dimensions etc and you'l
