How is XANADU Financially?

[BustopherPhantom]

Posted: 8/5/07 at 5:28pm

I'm just wondering because I read that the running costs of the show are in the low $200,000's. How, I wonder, is the show making money if (and I could be wrong here) only 50% of the profits go to the producers?

[Yankeefan007]

Posted: 8/5/07 at 5:34pm

The show can only make so much money because of the number of seats.

[Steve2]

Posted: 8/5/07 at 6:16pm

I recall that the initial investment was approximately 5 Million Dollars.

[BustopherPhantom]

Posted: 8/5/07 at 6:22pm

Oh, wait...

Never mind. I was under the impression that only half of the money earned each week went to running costs. My mistake.

Okay, here's my next question: Is A CHORUS LINE's weekly costs ONLY about $23,000? I ask this after calculating it based on the week the show earned back its investment (announced on February 21).

Is it just because it's a bare stage with a mirror? Or is there more to the set - I haven't seen the show.

Updated On: 8/5/07 at 06:22 PM

[BustopherPhantom]

Posted: 8/5/07 at 8:18pm

bump for the last question

[Switz78]

Posted: 8/5/07 at 8:26pm

it can't be just $23K becuase based on union minimums the salaries for actors and crew would be more than that a week.

[BustopherPhantom]

Posted: 8/5/07 at 8:36pm

Yeah, it seemed a bit odd.

I just calculated again; if we're assuming that the producers receive 50% of the weekly gross, and not adding the gross for the week it recouped (assuming it recouped a day or two before the producers announced it), the weekly cost again comes to about $23,110 or something.

The confusion continues...