Broadway Grosses: Week Ending 3/26/23- Page 2

[bdn223]

Posted: 3/30/23 at 1:14pm

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

[BJR]

Posted: 3/30/23 at 1:22pm

Where did the 200k number come from? I assume that's fee and estimated percentage?

[MadsonMelo]

Posted: 3/30/23 at 1:29pm

bdn223 said: "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 asJason 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 $200K a week forSweeney Todd."

Geez, Grogan is making 200k a week? Wow! How much did Midler and Jackman got for their revivals?

[DaveyG]

Posted: 3/30/23 at 1:38pm

bdn223 said: "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 asJason 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 can't imagine that JRB, Alfred Uhry, and the other creatives are forgoing their royalties. Nor should they. It's not a charity. 

[bdn223]

Posted: 3/30/23 at 1:40pm

BJR said: "Where did the 200k number come from? I assume that's fee and estimated percentage?"

*Correction its $150K of net sales % , if the show brings it its maximum potential gross in a week of $2.2M.