itsjustmejonhotmailcom said: "brdwybound04 said: "Supposedly some of the investors are getting cold feet due to ridiculously low advance sales, and high overhead costs, and have threatened to back out of Brightman isn’t replaced..."
That's not how it works. Once an investor sends their money in, they can't get it back/back out."
Yes, but they could have verbal "gentleman's agreements" with people who are actively trying to raise money. The deadline for capitalization is often the final preview performance.
Also, whoever said WB was putting up most of the money: It's a $21 million musical, so that money's going to come from a lot of different places –– and Peter Marks' review, other buzzy spring titles (Tootsie, Hadestown, Ain't Too Proud, Be More Chill, even Oklahoma), and the failure of CHOCOLATE FACTORY should be cause for anxiety. The DC production had 15 producing entities above the title, according to the VARIETY review (Warner Bros. Theater Ventures, Langley Park Prods., Steve Traxler, Broadway Asia, IMG Original Content, Ben Lowy, James L. Nederlander, Warner/Chappell Music Inc., in association with Mark Bell and Jeff Hollander, Pierce Friedman Prods., John Gore Organization, Ruth & Steve Hendel, LHC Theatrical Fund, Networks Presentations).