Broadway Grosses: Week Ending 4/2/17 — Page 3
#52
Posted: 4/5/17 at 10:37am
GreenGables said: "neonlightsxo said: "Sunday doesn't seem like it's going to recoup, to me at least.
"
Its got a super low weekly run (for a musical) and is printing in the $1.2m range - I'd be surprised if we dont see an announcement at closing that they've recouped.
"
What is SITPWG's initial investment to recoup? What is the weekly running costs? Presuming the weekly running cost is around $500k and weekly gross for the show average of $1 million for ten weeks, then the show will recoup if the initial investment is below $5 million. If the initial investment is above $7 million, I'm not sure if it will recoup.
#53
Posted: 4/5/17 at 11:18am
LesWickedly said: "That's really amazing for Come From Away. I think everyone can admit that they thought it would be having a short life here, when it was first announced, but so happy to see them have success."
Almost nobody who saw it out of town thought that. We knew better.
#54
Posted: 4/5/17 at 12:20pm
Sunday recouped this week. Expect an announcement in the next week or two.
#55
Posted: 4/5/17 at 12:55pm
^ wow! I hope so. Also, I'm assuming they were waiting to recoup before announcing a cast recording. Hopefully that's the reason for no announcement yet.
#56
Posted: 4/5/17 at 1:09pm
ljay889 said: "^ wow! I hope so. Also, I'm assuming they were waiting to recoup before announcing a cast recording. Hopefully that's the reason for no announcement yet.
"
I thought the same thing. I couldn't make it back to see it before it closed, but I need this preserved asap
#57
Posted: 4/5/17 at 10:09pm
Wick3 said:
What is SITPWG's initial investment to recoup? What is the weekly running costs? Presuming the weekly running cost is around $500k and weekly gross for the show average of $1 million for ten weeks, then the show will recoup if the initial investment is below $5 million. If the initial investment is above $7 million, I'm not sure if it will recoup.
"
I'd rather not get into specifics, but they were well under $5mm. $500k weekly run is a good ballpark (including royalties). I think most of the people involved had a good sense they'd recoup before it even opened
#58
Posted: 4/5/17 at 11:52pm
GreenGables said: "
I'd rather not get into specifics, but they were well under $5mm. $500k weekly run is a good ballpark (including royalties). I think most of the people involved had a good sense they'd recoup before it even opened"
Ah ok I wasn't sure if it was published before someplace or not. I just made those estimates for easy math but if the inital investment is below $5m, then yeah I can totally see SITPWG recouping! I really hope they record it on broadwayHD!!!
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