Well, my two-night Sondheim-inspired trip is coming to a close as I fly home later today. Glad to say that none of my scheduled shows (Assassins, Company, and Caroline, or Change) canceled and I loved all three. Great seats for all three. 3rd row center orchestra for both Company and CoC courtesy of TKTS.
JayElle said: "Totally inaccurate analysis. Talk to a tax attorney or tax accountant. There is no tax on losses, so start there. Taxes pertain to income/revenue."
"You make conclusion that any such insurance would be cost prohibitive. A statement without any supporting evidence to justify that. Production companies went after their insurance for coverage back in 2020."
Believe what you want. This is not 2020 and actuaries have adjusted accordingly. No one can afford what a policy covering pandemic ticket revenue losses would cost.
So if reducing the price is not for a tax loss, then what is the reason that the production company won't? Tell us. Why won't they cut the price in half or give it to TDF? I don't see anyone offering that explanation. Rather, the responses are "no it's not for a tax loss." Then what is it?"
You are not paying attention and are confusing two things. First, the tax loss issue arose in the context of NOT reducing the prices, and thus not selling the tickets at all. There is, of course, a tax reduction when revenue is lower because there is less income on which to pay taxes. Reducing the price of tickets is undertaken in the hopes of INCREASING revenue and thus income and taxes.
Regarding a reason, as I stated, it's irrational. Are you seriously expecting someone to supply you with a reason for an irrational act? There are various possible explanations for an irrational act. One is stupidity of course. Another is pride. A third is wishful thinking. I have not spoken to the lead producers, I don't know them, but regardless we know that there is no tax advantage to wasting (in my example) $10k to get $2k back.
If this is not clear to you, I don't know what else to say. If you are actually interested in understanding and still have questions, ask away. I will do my best to illuminate your path.
A Chorus Line revival played its final Broadway performance on August 17, 2008. The tour played its final performance on August 21, 2011. A new non-equity tour started in October 2012 played its final performance on March 23, 2013. Another non-equity tour launched on January 20, 2018. The tour ended its US run in Kansas City and then toured throughout Japan August & September 2018.
BCfitasafiddle said: "HeyMrMusic said: "Right, they have five-show weekends.
I just saw that there were only two urchins last night. Oof."
How on earthhhhh??? WOW. To have been there..."
I have no idea. Broadway Understudies shared a story that said the actors already playing Ronnette and Chiffon were both splitting the role of Crystal.
Meanwhile The Prom tour in DC is a full cast tonight for the first time since the second weekend in Cleveland. Not all covid related. Ashanti was in a car accident and missed the 2 Florida stops.
Tag said: "According to Sharon Wheatley on SITH tonight, 9 of the 12 CFA principals had Covid. And currently all the understudies have it."
She did say they're back tomorrow. Marika is back with the tour and I believe Holly Ann Butler and Pearl Sun are sticking with the show for at least this weekend.
A Chorus Line revival played its final Broadway performance on August 17, 2008. The tour played its final performance on August 21, 2011. A new non-equity tour started in October 2012 played its final performance on March 23, 2013. Another non-equity tour launched on January 20, 2018. The tour ended its US run in Kansas City and then toured throughout Japan August & September 2018.
Tag said: "According to Sharon Wheatley on SITH tonight, 9 of the 12 CFA principals had Covid. And currently all the understudies have it."
I didn't watch and don't know what exactly Sharon said. But Josh Breckenridge went to Trouble in Mind yesterday (along with Pearl Sun, not sure if Sharon is including her) and posed unmasked for a picture with LaChanze. If it's accurate that he now has tested positive for Covid (most likely today, I guess), hopefully LaChanze doesn't end up testing positive and missing the closing performances