Broadway Grosses: Week Ending 7/30/17- Page 4

[Liza's Headband]

Posted: 8/3/17 at 12:28pm

songanddanceman2 said: "Well I can tell YOU from facts that you are wrong. 

 

"

Please leave the petty sniping out of threads dedicated to factual discussion. Thank you.

[Lot666]

Posted: 8/3/17 at 2:24pm

PThespian said: "You just made my head spin with that circular argument, but we'll leave it at that. 

You know I adore you, Liza, so go ahead and keep your little secrets. It's actually quite endearing."

One person's "endearing" is another person's "childish".

[Lot666]

Posted: 8/3/17 at 2:26pm

Liza's Headband said: "songanddanceman2 said: "Well I can tell YOU from facts that you are wrong."

Please leave the petty sniping out of threads dedicated to factual discussion. Thank you."

That's rich.

[songanddanceman2]

Posted: 8/5/17 at 12:14am

Liza's Headband said: "songanddanceman2 said: "Well I can tell YOU from facts that you are wrong. 

 

"

Please leave the petty sniping out of threads dedicated to factual discussion. Thank you.

 

"

Petty sniping? I simply said factually you are wrong. That is not what the shows running costs are at all, I know this for a fact. You often seem to just pull numbers out of thin air. 

[HogansHero]

Posted: 8/5/17 at 12:48am

songanddance, you are conflating apples and oranges. Let's leave the labels you don't understand out of it and say it in simple terms. The amount contributed towards recoupment in any given week though the Groban era is the reported gross minus 10%  minus an amount in the mid $800s. The running costs are in the $700s. You are all pretty. 

[JBroadway]

Posted: 8/5/17 at 1:11pm

HogansHero said: "You are all pretty. "

I'm blushing! Thank Hogan  

 

[BroadwayPrincess3]

Posted: 8/5/17 at 9:01pm

So any guesses on when Bandstand will close? I'm in agreement that labor day will probably be its cut off, but you all know more than I do. I'm just curious because it seems like their gross is subpar every week. 

[BroadwayPrincess3]

Posted: 8/5/17 at 9:01pm

So any guesses on when Bandstand will close? I'm in agreement that labor day will probably be its cut off, but you all know more than I do. I'm just curious because it seems like their gross is subpar every week. 

[HogansHero]

Posted: 8/5/17 at 10:44pm

how are you defining par?

[broadwaysfguy]

Posted: 8/6/17 at 1:10pm

so Hogan, is 10% the standard take from the host theatre of the gross? 

do producers ever guarantee a certain minimum or is it just 10% and the host theatre takes its share of the risk by hosting the show?

 Ive never focused on this part of the business and its fascinating to me that the theatre is essentially in on the deal and needs to assess the potential and viability of each show and weight an empty theatre vs taking on a potentially short lived/risky musical. 

Does the host theatre also get a cut of the concessions, or is that 100% to the production?

thanks for the insider scoop!

 

 

[HogansHero]

Posted: 8/6/17 at 2:05pm

the 10% I was referring to is not the percentage fee paid to the theatre owner but the standard approximation of the cost of selling tickets, in other words the amount telecharge or ticketmaster transfers to the producer. Because the grosses since a few years ago have been reported as the gross gross (total of the price of every ticket sold for shows that week) the 10% reduction reflects the money actually available to the producer for other purposes (including paying the theatre owner, and that % would not be as much as 10%).

So yes owners are vitally interested in assessing the prospects of a prospective tenant, and that's why every agreement also has a stop clause so a tenant can be kicked out if a show falls below an agreed upon amount.