binau said: "Details here (does anyone have a copy of the presentation? I believe it was shared a while ago):
http://broadwayjournal.com/ben-platt-to-lead-6-5-million-parade-exclusive/"
So Parade is arguably currently on track to break even as long as Jason Robert Brown and the rest of the creative team forgo any royalties. I would have to assume most if not all accepted upfront payment in lieu of royalties, knowing this would be a limited run and would be the only way the show would get produced. I do wonder in the creative teams contract if they are forgoing royalties, that once the production breaks even the creative pool is significantly higher than the standard 30-40% for the 1-3 weeks likely left in the show's run.
I do also wonder if Ben Plat is getting a cut of net sales cut and if so does it go as high as Josh Groban's $150K a week for Sweeney Todd.
*Updated to reflect Groban's sales cut maxes out at approximately $150K.
Updated On: 3/30/23 at 01:14 PM