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#1

Did HAMILTON Recoup?

hi. I have searched but cannot find anything. fully aware of their insane advance but beyond that, does anyone know if/when HAMILTON has recouped? also, what was their capitalization for the Broadway production?



thanks for the help.

#2

Did HAMILTON Recoup?

I think it was in october when they announced they had 25%.


My father (AIDS) My sister (AIDS) My uncle and my cousin and her best friend (AIDS, AIDS, AIDS) The gays and the straights And the white and the spades
#3

Did HAMILTON Recoup?

They can't count their advance toward recoupment until the funds are in their hands. So, no, it is unlikely that it has of yet, officially. I'm sure there will be mulitiple announcements and we won't be able to miss it!


If we're not having fun, then why are we doing it? These are DISCUSSION boards, not mutual admiration boards. Discussion only occurs when we are willing to hear what others are thinking, regardless of whether it is alignment to our own thoughts.
#4

Did HAMILTON Recoup?

http://deadline.com/2015/10/hamilton-on-broadway-returned-25-of-its-12-5m-costs-in-five-weeks-1201579336/



October 13: With advance ticket sales now in the $40 million range — a figure comparable to The Book Of Mormon and the opening of Miss Saigon in 1991 — and tickets harder to come by than a kind word for Trevor Noah, the Hamilton money machine churns on. Production sources tell Deadline that just five weeks after its August 6 opening night at the Nederlander Organization’s Richard Rodgers Theatre, the rap-heavy musical biography of the first Secretary of the Treasury had returned to investors one-quarter of its $12.5 million capitalization.

#6

Did HAMILTON Recoup?

Announcing that a show has recouped is not required; it is not like announcing the grosses. Hamilton has undoubtedly recouped.

#7

Did HAMILTON Recoup?

Of course it's not required...but if they announced 25%, why wouldn't they announce a full recoupement?


If we're not having fun, then why are we doing it? These are DISCUSSION boards, not mutual admiration boards. Discussion only occurs when we are willing to hear what others are thinking, regardless of whether it is alignment to our own thoughts.
#8

Did HAMILTON Recoup?

in the most basic of terms, because they have no reason to. It is obvious they recouped, and they certainly don't need to convince anyone that the show is not a flop. some producers are eager to announce and others couldn't care less.

#9

Did HAMILTON Recoup?

dramamam has a good point. why would they announce something like that but not announce recoupment when hundreds of other producing teams, including some of the same ones who are on HAMILTON, have done so? i dont think anyone said they should or that it is required. but i think it makes perfect sense to announce it. that is partly why I asked... was surprised there has been no announcement. surely they recouped by now!!

#10

Did HAMILTON Recoup?

They will announce it when it happens. When was the last time a non-Disney show didn't announce the fact they recouped? It's a big milestone and we'll hear from them when they do.


"Some people can thrive and bloom living life in a living room, that's perfect for some people of one hundred and five. But I at least gotta try, when I think of all the sights that I gotta see, all the places I gotta play, all the things that I gotta be at"
#11

Did HAMILTON Recoup?

Unfortunately 'Hamilton' never recouped. Sad for the investors, I bet they lost their shirts!

#12

Did HAMILTON Recoup?

ray-andallthatjazz86 said: "They will announce it when it happens. When was the last time a non-Disney show didn't announce the fact they recouped? It's a big milestone and we'll hear from them when they do.



There have been at least two Disney shows that come to mind that have announced recoupment. One was Poppins and the other was Newsies.

#13

Did HAMILTON Recoup?

According to this article, Hamilton has recouped. It doesn't seem to be an official announcement, though.



Plus, I would love to know if the production benefits from the Ticketmaster resale program.



http://broadwayjournal.com/

#14

Did HAMILTON Recoup?

It does make it hard to decide if we should be incensed that they didn't announce when they recouped or incensed that they announced it like we couldn't have figured that out on our own...

#15

Did HAMILTON Recoup?

ray-andallthatjazz86 said: "They will announce it when it happens. When was the last time a non-Disney show didn't announce the fact they recouped?"

Plenty-too numerous to list.

"It's a big milestone and we'll hear from them when they do."

They recouped quite a while ago and they didn't announce it but you keep right on waiting there.

#16

Did HAMILTON Recoup?

Does nobody else find it weird that when "BroadwayJournal" called Sam Rudy he didn't even know??



Updated On: 3/18/16 at 12:35 PM

#17

Did HAMILTON Recoup?

Unless you are one of the investors, why would you care? It's like going to the supermarket and asking them if they made a profit this week. You are a consumer buying a product. The bottom line is the concern of the business not the consumer. I never understood why recoupment is even announced except maybe for marketing the show as successful? Hamilton is doing ok without it.


The only review of a show that matters is your own.
#18

Did HAMILTON Recoup?

Financial and business related news is relevant and interesting to a lot of people. Ever heard of Consumer Reports or CNBC? It's just interesting to some of us. It is after all, how the business runs.

#19

Did HAMILTON Recoup?

neonlightsxo said: "Does nobody else find it weird that when "BroadwayJournal" called Sam Rudy he didn't even know??"



No. A press agent only conveys what he or she has been told to convey. Press agents who do otherwise are not press agents for long.

#20

Did HAMILTON Recoup?

And honestly, even when a show recoups, it's smart to wait on announcing until a bit after the fact so that the royalty cycle is closed and you are 100% sure there aren't any expenses for those weeks. Recoupment changes so many payments which in turn affect the running costs of the show. I've seen producers announce too early, and it's not pretty when your creatives read you've recouped (and are expecting higher payments) but then it turns out you haven't.

#21

Did HAMILTON Recoup?

mc1227 said: "Unless you are one of the investors, why would you care? It's like going to the supermarket and asking them if they made a profit this week. You are a consumer buying a product. The bottom line is the concern of the business not the consumer. I never understood why recoupment is even announced except maybe for marketing the show as successful? Hamilton is doing ok without it. "



what a ridiculous statement. because some of us enjoy the business side of it...

#22

Did HAMILTON Recoup?

jm226-I agree. And referencing the supermarket comment, yes some people not only eat but are interested in which stores are doing well and which are about to close. I do think it is important to understand that while we may want to know everything, we don't have some "right" to know everything.

#23

Did HAMILTON Recoup?

Sorry, I don't think it was a ridiculous statement. Wouldn't someone be able to tell how well a show is doing by the weekly grosses that are posted here? Obviously, if a show is selling decently and their gross potential are staying above 50%, it will keep running, regardless if it has recouped or not. The previous posts were implying that because a show hadn't announced that it had recouped, that there was something shady or underhanded going on. That's what I was responding to. Again, if you go to a store and no one is in there on a consistent basis, chances are that store will close. You don't have to ask the store for their balance sheet to figure that out.


The only review of a show that matters is your own.
#24

Did HAMILTON Recoup?

mc1227 said: "Wouldn't someone be able to tell how well a show is doing by the weekly grosses that are posted here?"

ordinarily, no. In the case of Hamilton, because the math is ineluctable, yes.

Obviously, if a show is selling decently and their gross potential are staying above 50%, it will keep running, regardless if it has recouped or not.

Not necessarily.

The previous posts were implying that because a show hadn't announced that it had recouped, that there was something shady or underhanded going on.

I did not get that from any posts. All I saw was the usual sense of entitlement that permeates this board.

That's what I was responding to. Again, if you go to a store and no one is in there on a consistent basis, chances are that store will close. You don't have to ask the store for their balance sheet to figure that out.

You might not. someone interested in the business side of the store might however. Just as we don't all like the same shows, we aren't all interested in the same things. When I go to a show with a lighting designer they spend a lot of time checking out the plot.

"

#25

Did HAMILTON Recoup?

A lavish show at the met could be tanking at 25% capacity while a minamalistic one man show at 25% capacity could be soaring. Again, a show comping every seat at 100% could be tanking while Hamilton is at 100% and soaring. A one seat theatre presenting a sumptuous prefomance would be tanking while a barn of a theatre presenting the same show at 100% capacity would be soaring. It's a thing called perspective.


I appoligise for any spelling mistakes. I may be on my mobile. Clumsy fingers and small little touchscreen keys don't mixx. I try to spellcheck, but I may miss something.

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