Carole King's Weekly Royalty

[BobNC]

Posted: 12/1/14 at 9:25pm

Just curious: now that "Beautiful" has recouped its initial investment, how much of the weekly gross winds up going to Carole King for being the subject? $10,000 per week? $25,000? More? Less?

[HogansHero]

Posted: 12/1/14 at 11:35pm

Likely more. The straightline standard music and lyrics royalty would be about 50k. It's shared with the others, but probably not equally. There is also likely a rights to her life royalty in at least equal amount, and that would get shared with no one except her agent and manager.

[Phyllis Rogers Stone]

Posted: 12/1/14 at 11:44pm

I have it on very good authority she makes $97.50 a week before taxes.

[Mike Costa]

Posted: 12/1/14 at 11:47pm

It is a complicated formula but once a show has recouped the authors split 6% of the weekly gross.

Carole King would receive no payment for being the subject of the story but would receive a portion of the 6% as composer along with lyricist (Gerry Goffin), the book writer (Douglas MacGrath), and the other composer and lyricist represented in the show (Weil and Mann). They are considered the authors of the show.

The musical is produced by Carole King and Gerry Goffin's daughter, Sherry Kondor, so the deal between them may not have been a complicated one.

[StickIt]

Posted: 12/1/14 at 11:53pm

It's worth mentioning that the show includes a few songs in the 1650 Broadway Medley and that Neil Sedaka sings very briefly that were not written by Goffin, King, Mann, or Weil so I imagine those authors had to be compensated in some way.