ErmengardeStopSniveling said: "Broadway Flash said: "Who chooses what goes into the ATG theatres? Is it Jordan Roth? I understand they don’t own the Hudson either, I’m wandering who’s getting the cash"
ATG's North American leadership team determines what goes into ATG theatres. That's Kristin Caskey (EVP, Content & Creative North America) and Nicole Kastrinos (VP, Broadway Programming, formerly a Jujamcyn employee).
Producers choose a theatre owner to work with on a specific showbased on availability, size of house, and interest of the landlord. It's all a game of availability and numbers. If ATG didn't have an appropriate home for Mattress when Seaview was looking to transfer it, then Seaview would have gone to a different theatre owner.
As for where the money goes, here is a very broad explanation using rounded numbers:
- The theatre owner gets about 6-7 percent of ticket sales
- The royalty pool (authors & key creative team) gets about 10-15 percent of ticket sales
- Take off a few percent for credit card fees, ticketing provider fees, etc
- The remaining moneypays everyone employed by the show...actors, SMs, orchestra, dressers, house staff, associates, GM, CM, production mgmt, a nominal producer office fee, etc.
- Any additional money after all royalties and weekly fees are paid out is profit, which goes towards paying off the investors who capitalized the production. The method of profit distribution is at the producer's discretion. Sometimes people like to pay out the first installment when they hit like 5%, sometimes they like to keep a cushion in the bank in case a show has bad weeks. That's all at the discretion of the lead producer.
- Numbers, percentages, and revenue shares canincrease for some people once the show is fully recouped.
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This is fascinating. Thank you for providing this breakdown!