Broadway Grosses: Week Ending 7/17/16 — Page 3

How much is Something Rotten's weekly cost? And gave they recouped yet?

neonlightsxo said: "Who are you arguing with? Nobody said that."

actually, nycgogetter suggested that possibility at 1:54PM but his/her knowledge seems suspect anyway based on other things s/he has said in this thread alone.

Waitress might be close to recouping. It's had pretty stable grosses.

I think On Your Feet, Kinky Boots, Something Rotten, Paramour, and Jersey Boys could all easily close by the end of the season.

@krmbdway Why though? Shows have to close eventually, and even though I personally love it, it can't stay open forever with these grosses.

Something Rotten did well in the beginning of its run but has tapered off. How is that a disaster?

neonlightsxo said: "Something Rotten did well in the beginning of its run but has tapered off. How is that a disaster?



"

Ask someone who invested in the show. Not a disaster for the audiences members, but a disaster for investors.

HogansHero said: "Up In One said: "Call_me_jorge said: "Waitress might be close to recouping. It's had pretty stable grosses.

Waitress can't be anywhere close to recouping, if the totals on this site are right it's grossed around $16M to date - if its weekly nutt is $600k it could have a profit of $5M racked up but that's being generous. It had to cost $12 to $15M to put up so it has at least $10M in profit to go and at $300k in profit a week it'll take another 30 weeks at $1M grosses.

Similarly Something Rotten and American In Paris started out strong with $1M grosses but couldn't sustain it to recoup. The shows that gross $1.3 to $1.5 a week early in their runs like Kinky Boots recoup quickly. $1M grosses drags it out and for every week under $1M - even longer if ever. "

It is meaningless to make a statement based on how much the grosses are for a show in isolation. Also, it's worth looking at the recoupment arc of past successes before prognosticating.

I am looking at past successes arc's when I say if Waitress stay's in the $1M range it will take them at least 30 more weeks and I don't see that happening. Quick recouping shows of its size did larger numbers for lengthier periods of time and recouped quickly. Staying around the $1M mark means needing a longer run to recoup and not many shows have been able to sustain that historically.

They can always downgrade theatres, which would probably require abandoning the Jujamcyn's for a Nederlander or Shubert House. I can't imagine the Jujamcyn organization has any interest in tying up their only semi-available intimate venue, The Walter Kerr with a downsized Jersey Boys, and their only other intimate house, the Eugene O'Neil, has Book of Mormon locked up for years.

The August Wilson at 1228 seats and the Al Hirschfeld at 1424 can make far more for the Jujamcyn organization with a new hit than 10 year old Jersey Boys and a Kinky Boots which, barring a new celebrity Lola, could very easily have a veeeeeery slow fall.

Jersey Boys has been an extremely successful franchise for EVERYONE involved, and with the Dodgers producing the incoming A Bronx Tale, do they want to have that internal competition for the consumer market? Matilda and Jersey Boys are polar opposites so they pull from both ends of the consumer base. They may want to focus on making A Bronx Tale a new established hit, instead of trying to keep the aging Jersey Boys flagship production afloat. 47% of potential gross isn't good for any show, let alone one that should be packing them in during the summer tourist season, low weekly nut, or not.

10 years is an amazing run. Announce now, bring back as many of the originals as are interested/avail and go out strong instead of limping to a sad end after grosses plummet some more...

Updated On: 7/21/16 at 01:10 AM

PThespian didn't say that :) He said the only other intimate house the Jujamcyn operates is already tied up with BOM. He can't imagine them transferring Jersey Boys to the Kerr.

Markie27 said: "I'm just amazed (and a little disappointed) that for last season only one musical has recouped. I don't think finding Neverland, an American in Paris and Something rotten! would be able to turn things around and break even when they close this coming months."

2014-2015 was a bad year for musicals recouping, for sure. But that season had a huge number of plays recoup: I counted eight, compared to none at all this most recent season (though I suppose there's still hope for The Humans). So it's all in how you look at it, I guess; last season had more successful plays, this season will end up with more successful musicals.

Sure, although it can be a bit more complicated than that depending on contractual arrangements and other information the public isn't privy to; especially if someone (or something) is being given a percentage/cut of the net profit. In that case, the percentage/cut wouldn't be factored into the weekly running costs but would obviously reduce the profits that can be returned to investors. That only further delays a possible recoupment. Most are a percentage/cut of the gross box office receipts, such as royalties pools, but there are exceptions to this. HAMILTON comes to mind almost immediately.



Edited for clarity: when I refer to "profit," I'm speaking to the production's funds leftover after all weekly expenses have been paid -- not an individual investor's "profit" or ROI (return on investment). The capitalization costs would have to be paid back with those profits/funds first. That is a recoupment. Beyond the recoupment, everything is purely profit for the production and its associated investors.

Updated On: 7/21/16 at 12:27 PM