Posted: 6/3/19 at 6:17pm
I have a question. Let's say I want to produce a show Off-Broadway that is an existing, licensed show from a major distributor like SF, MTI, DPS. I'm sure there are plenty of people who have done this on this board as a Producer, or have overseen how this works. In amateur licensing, it is all handled pretty simply, you're given a quote from the rights holders, you pay, you do the show. When a show gears up for a professional licensed production, are the royalties calculated differently? Especially if the author is living...
I can't imagine this is handled the same way as Amateur Licensing and that there is a typical practice for this I'm not aware of that consists of the Licensing Companies and the Writer(s) coming to an agreement of some sort of upfront fee, along with a box office percentage. Maybe I'm oversimplifying it. Any insight would be appreciated.
