07-08 Recouping- Page 3

[umgeoboy]

Posted: 12/13/08 at 3:43am

frontrowcentre2 my info is from Frank himself.

[frontrowcentre2]

Posted: 12/13/08 at 4:42pm

Ok, good enough for me. Did the producers ever send out a press releases stating that the show's capitalization had paid off?

BTW: In the latest Sondheim Review there is a letter from Sondheim correcting a pervious article which stated that neither COMPANY nor FOLLIES had been financially successful. Sondheim states that "FOLLIES was not, but COMPANY made its money back with a profit." He goes on to say: "I wanted to clarify these points before they get repeated in other articles or find their way onto Wikipedia."

[blaxx]

Posted: 12/13/08 at 5:02pm

frontrowcentre2 my info is from Frank himself.

Lol, I'm sure that after his show ran for 5+ years and flopped, he still wants to call it a hit. No linky, no believy.

[frontrowcentre2]

Posted: 12/14/08 at 2:35am

A few facts on J&H...

1. Show ran 193 weeks (March 1997 to Jan 2001) - just over 3 1/2 yeasr (not 5)

2. Show grossed $78,056,883

3. Show's approximate operating cost was $77,200,000 leaving a
net operating profit: $856,883

4. We do not know the initial capitalization, but in 1997 a medium sized show would cost approximately $5 million

So unless the tour brought in a profit of $4.2 million its doubtful J&H would have paid off.

[blaxx]

Posted: 12/14/08 at 3:55am

just over 3 1/2 yeasr (not 5)

See, that's relative too. When watching it, I felt 10 years had gone by!

[binau]

Posted: 12/14/08 at 5:33am

"qolbinau - The Sweeney revival recouped on Broadway and paid a small profit, and therefore qualifies as a hit.
But you are right - the tour was separately capitalized, with the Broadway investors given the first shot at investing again."

I was referring to the OBC production and subsequent tour :).