Costs of running a Broadway show
Gothampc
Broadway Legend Joined: 5/20/03
#0Costs of running a Broadway show
Posted: 2/27/05 at 1:35pm
Interesting article on the costs of running a Broadway show. They give examples such as Tonya Pinkins got $2500 per week salary plus $3800 for housing and $750 for childcare.
http://www.nytimes.com/packages/khtml/2005/02/27/theater/20050227_SPTHEATER_GRAPHIC.html
IT'S just like your regular old grocery bill. That is, of course, if your grocery bill included items like hair care, makeup and Teamsters. These are the expenses, large and small, paid by producers on Broadway, where running a big, splashy musical like "Wicked" can cost up to $600,000 a week. The precise breakdown of spending is usually shrouded in secrecy, especially for a show that's still running. "Caroline, or Change," the civil rights-themed musical by Jeanine Tesori and Tony Kushner, closed Aug. 29, and its weekly budget was significantly lower than most musicals. But a look at its itemized expenses shows some of the ways costs can start to pile up. Between cleaning costumes and paying accountants, housing the star and keeping the lights on, "Caroline" needed more than $350,000 to run every week.
Where did the money go? The production's preliminary operating budget, provided by one of its producers, shows a raft of weekly expenses, from the backstage tutor for the cast's children to the stagehands - more than a dozen - required to man the light and sound equipment and maneuver the props and sets.
While some costs could vary depending on, say, how many advertisements are bought in a given week, many of the expenses listed on the "Caroline" receipt are the same for every Broadway show, including most of the salaries for actors, musicians and stage managers. All of which demonstrates how Broadway productions can sell thousands of tickets a week and still lose money. About 8 in 10 shows on Broadway flop, and "Caroline" was no exception, closing after four months and at a loss of $5 million.
jim coleman
Stand-by Joined: 1/10/05
#1re: Costs of running a Broadway show
Posted: 2/27/05 at 1:47pmRunning a show is a very expensive proposition, to be sure. A musician in the pit makes anywhere from $1500 to 2000 a week. Multiply that by the number of musicians for a big show like LA CAGE or WICKED and you are talking between $33-38,000 per week payroll just for the musicians. Stars make a lot of money, too. Nathan Lane and Matthew Broderick were each making $100.000 per week and that is just two people. It is no wonder that the ticket prices are so high. When I first moved to New York in 1973 the top price for a Broadway musical was $15.00!!! That's inflation!!!
#2re: Costs of running a Broadway show
Posted: 2/27/05 at 1:55pmcool article.
Plum
Broadway Legend Joined: 3/4/04
#3re: Costs of running a Broadway show
Posted: 2/27/05 at 2:02pmThe CPI in 1970 was 38.8. The CPI as of January 2005 is 190.7. Do the math- $15 then is $73.72 now.
#4re: Costs of running a Broadway show
Posted: 2/27/05 at 2:22pm$3800 to "house" someone whose primary residence is within the point of origin of the production? I would imagine that's not been much - if ever - precedented. Do we all remember Ms. Pinkins's oh so public complaints of her "low" COC salary?
MargoChanning
Broadway Legend Joined: 4/5/04
#5re: Costs of running a Broadway show
Posted: 2/27/05 at 3:03pmEven with the housing allowance and childcare, she was still making significantly less than Donna Murphy ($25,000/week), Idina Menzel and Kristen Chenoweth. She had EVERY RIGHT to complain considering that she's also a Tony-winning Broadway veteran who had the most vocally grueling role of the bunch.
#6re: Costs of running a Broadway show
Posted: 2/27/05 at 3:17pm
It's the fact that she took it to the public that was my issue. And obviously she was getting some back-door percs that she was not mentioning in her public complaints.
If she wanted to do the role on Broadway, she had to know that it was not going to run if she was receiving those huge paydays. She knew that going in. She also had another significant source of income at the time.
#7re: Costs of running a Broadway show
Posted: 2/27/05 at 3:19pm
Pinkin's salary was THAT low.
I would have thought it'd be at least $10,000/week.
The opposite of creation isn't war, it's stagnation.
#8re: Costs of running a Broadway show
Posted: 2/27/05 at 3:24pmNo, Priest, there was a special deal between the actors and the Public. The actors (supposedly) wanted to move with the show badly enough to take lower salaries in order to allow the show to have enough of a budget to run on Broadway.
#9re: Costs of running a Broadway show
Posted: 2/27/05 at 3:32pmi cant believe Donna Murphy charges that much.
#10re: Costs of running a Broadway show
Posted: 2/27/05 at 3:37pmThat is excrutiatingly low. In the beginning of GYPSY's run, Bernadette was making close to $70,000 a week before financial troubles hit.
Plum
Broadway Legend Joined: 3/4/04
#11re: Costs of running a Broadway show
Posted: 2/27/05 at 3:39pmI'm assuming that's salary plus a percentage of the weekly take- her actual salary would be closer to $50,000 a week, wouldn't it?
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