How much do the rights for an MTI show usually cost? I know it probably varies alot.... But in general, what is the basic cost?
Out of curiousity, what kind of show? Regular MTI or one of the Jr. shows? Is this for a younger cast, like middle school?
I actually have no plans to put on a show, lol. I was just wondering.
Broadway Legend Joined: 9/16/07
TMI
Broadway Legend Joined: 2/20/04
Rough estimate guide:
Fgure out your potential gross ticket sales (price times number of seats times number of performances). Your royalties will be ten percent of that.
Add on $400 rental fee plus a $400 refundable deposit on the materials.
STI
Thanks Jon! I would have that it is way more expensive than that.
I didn't do the above math, but it can be anywhere from 2,500 to 4,000. Of course, it depends on how many performances as well.
That is for NON professional rights. I'm fairly certain that professional venues get charged more.
Is it really that expensive? How do high schools find the money to put on musicals?
Well, J.P., it depends, as Jon said, on a few variables, such as price, number of seats, and number of performances. If all three are low, ten percent of your lower potential gross ticket sales will be small pickings, and the biggest charges will be the rental fee and the refund deposit.
My auditorium seats just under 600. I've never paid less than 2500 for R&R. MTI is the most willing to work with new companies/schools to reconsider prices. The other ones stick to their guns.
How do schools afford it? You have fundraisers. Lots of them. We do 3 main stage shows and gads of smaller stuff through the year. We rely on the box office from the musical to pay for the other shows.
Add to that price: money for sets, costumes, props, musicians, tickets, posters and lord knows what I'm forgetting off the top of my head. It's a constant struggle. We raise all of our own money, none of it is budgeted through the school.
Broadway Legend Joined: 2/20/04
One of the local high schools raises over $5000 by selling ads in the program.
They have a budget of around $15,000 for their musical.
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