No tax credit and raising for shows this season. — Page 2

Wick3 said: "There was a time before pandemic when Broadway productions didn't getany tax credits right? And Broadway survived. Even back in 1994-1995 season when there were only 2 original new musicals (Sunset Blvd and Smoky Joe's Cafe) and 3 musical revivals yet somehow Broadway survived."

Yes, Broadway has existed without tax credits before and it will exist without them again.

However, the 94-95 season is precisely why these types of tax credits are beneficial: had there been a small cushion to help encourage risktaking, we might have had a more robust 90s on Broadway. Same with the tough times circa 2010.

Anything that can encourage risktaking is a good thing, IMO.

Where I think the current program failed is that it allows shows that turned a profit to still collect money from the state. Those funds should not be available to GOOD NIGHT & GOOD LUCK or OTHELLO.

Updated On: 8/23/25 at 01:11 PM

DaveyG said: "CoffeeBreak said: "The "co-producer" types enjoy the parties, act like they are BIG in the business, make decisions (that they do not), are creatives (that they are not) etc. It's quite funny. They also hope to win a Tony, of which they will pay the $3,000.00 to get the trophy and post of its "arrival" never mentioning they paid for it (along with the hundreds of other producers)etc. Co-producers still should not be allowed to even purchase trophies for raising some money - it truly diminishes the award as a creative achievement - even if we know "co-producers" ($ bags) bought them."

I recently saw a TikTok post that I totally agree with: "If you had to purchase your Tony Award, you did not win one."

SPOT ON. Sadly, the general public doesn’t know these co producers, who have no pull, buy their importance. Another reason the Tonys should find other ways to make money than allowing them to buy their false-prestige.

You think the tax credit leaving is bad for Broadway? Try excluding co-producer types and their money. Broadway runs on egos and money, whether anyone on this board likes it or not!

Some real assumptions being made here, not every co-producer on a show just writes a check, some of us are young folks working really hard to find investors so we can build our resumes.

theatrejunkie007 said: "Does anyone have a concrete idea of if/when the tax credit funds could be reinstated?"



Nope. The Broadway League is lobbying hard, but no one knows anything.

GottaGetAGimmick420 said: "BoringBoredBoard40 said: "Some real assumptions being made here, not every co-producer on a show just writes a check, some of us are young folks working really hard to find investors so we can build our resumes."

It's worth mentioning though, co-producers aren't paid for their efforts when not writing a check. You literally only do it for 1. The credit 2. The parties 3. The possible Tony and 4. The possible profits. At least in this current climate. So there's no incentive for anyone to co-produce aside from those items. Especially when recouping is not guaranteed."

Are co-producers not drawing an office fee or a one time payment of their own from the investors’ funds? If not that’s a lot of people wasting a lot of time for a whole lot of nothing, in most cases.

Liberation and Little Bear both desperately needed this on every level. It may save Chess as well as their paperwork is pretty daunting if you were looking to recoup. Queen has so many problems (creative, budgetary, finishing their raise, weak ticket sales and Maga Chenoweth) that I doubt even 3 million can help.

BorisTomashevsky said: "GottaGetAGimmick420 said: "BoringBoredBoard40 said: "Some real assumptions being made here, not every co-producer on a show just writes a check, some of us are young folks working really hard to find investors so we can build our resumes."

It's worth mentioning though, co-producers aren't paid for their efforts when not writing a check. You literally only do it for 1. The credit 2. The parties 3. The possible Tony and 4. The possible profits. At least in this current climate. So there's no incentive for anyone to co-produce aside from those items. Especially when recouping is not guaranteed."

Are co-producers not drawing an office fee or a one time payment of their own from the investors’ funds? If not that’s a lot of people wasting a lot of time for a whole lot of nothing, in most cases."

Of course the co-producers do not get an office fee or any other sort of fee. The producer office fee is for only the Managing Members (or General Partners depending on how the entity is formed.