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Production costs

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Phantom of London
Broadway Legend
joined:3/26/08
Broadway Legend
joined:
3/26/08
Production costs#1
Posted: 3/26/09 at 7:03am
After useeingPriscilla last night a colleague of mine asked me, "how much would this show cost to stage", I gave a answer about 10m, looking for a definitive answer from you guys and how the money is spent to make up that figure up?
vmlinnie
Broadway Legend
joined:6/19/06
Broadway Legend
joined:
6/19/06
re: Production costs#2
Posted: 3/26/09 at 7:08am
I remember reading something saying that average Broadway musicals cost $7-9m to opening night, and that West End shows cost slightly less, but that was about 7 years old, so you'd need to adjust that significantly. I still think Broadway ones cost more.

Costs to Opening: (Copy the list and add expenses you can think of!
Rehearsal Space
Set Construction
Design Set/Costumes/Sound/Lights
Theatre Fit-Out
Transport
Rehearsal Wages for Cast, Crew
Production Team Fees
Advertising
Orchestrations/Music Preparation
Props Bought

There's a breakdown in Richard Andrews' Guide to London Theatre handbook. I have it at home. Again, about 7 years out of date.
The rain we knew is a thing of the past -
deep-delving, dark, deliberate you would say
browsing on spire and bogland; but today
our sky-blue slates are steaming in the sun,
our yachts tinkling and dancing in the bay
like racehorses. We contemplate at last
shining windows, a future forbidden to no one.


Derek Mahon

"Maybe all one can do is hope to end up with the right regrets."

Arthur Miller
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boyfromoz2
Broadway Legend
joined:11/23/08
Broadway Legend
joined:
11/23/08
re: Production costs#2
Posted: 3/26/09 at 11:30am
For a show like Priscilla which has had a previous production it is had to estimate. Some other big costs for this show are the many royalties the producers have to pay various music licensing agencies for the plethora of songs they use throughout the show. I cannot imagine that would be cheap.

Also, the new bus itself is worth over AUD$1,000,000 ... so add that on as well.