Matilda To Take Final Bow in 2017- Page 3
Matilda To Take Final Bow in 2017
Up In One
Broadway Star Joined: 5/27/04
#50Matilda To Take Final Bow in 2017
Posted: 4/15/16 at 4:05pm
Its either poor producing or a sign or trouble to come for future productions. For a show to have averaged $900,000.00 a week last year and $800k this year to fold - something's wrong. If their expenses weren't so high they could have gotten at least another year out of the show if not more. Its a huge favorite with young audiences and sells out when the kids are in town. I know Matilda had additional carrying costs for the child actors and the turn over costs when they aged out but I seem to also remember the investment deal wasn't great either with the London producers taking a larger than usual chunk through percentages and royalties. If the numbers are right on the grosses pages here Matilda to-date grossed an average of one million a week since opening. Kinky Boots averaged closer to 1.2 million per week but I bet their expenses were more than $100k a week less than Matilda's. But then again they can predict their future sales based on history and announcing an end date can pump that up before Charlie comes to town and becomes the next big kids show. Also doesn't help that its sitting on prime real estate and the Shuberts are probably looking for a premium seat seller. Whats does the future hold "$1M dollar stop clauses?
Up In One
#51Matilda To Take Final Bow in 2017
Posted: 4/15/16 at 4:07pm
I've never seen Matilda but from the love on this thread, I might have to add it to my list for my next trip to the city!
#52Matilda To Take Final Bow in 2017
Posted: 4/15/16 at 4:35pm
Did the shuberts use the stope clause though? Also were their operating costs that high though? I remember hearing that in order to pay back their investors faster they built the payments into the weekly costs of the show. Would that then been gotten rid of once they recouped?
My father (AIDS)
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The gays and the straights
And the white and the spades
#53Matilda To Take Final Bow in 2017
Posted: 4/15/16 at 4:51pm
Jshan05 said: "I've never seen Matilda but from the love on this thread, I might have to add it to my list for my next trip to the city!
"
Luckily you have a lot of time before it closes but if you haven't seen it you must soon. It's truly one of the greatest shows ever. But I highly recommend listening to the cast album before you go because the Broadway production has a huge diction problem, and a lot of the score goes by really fast. Almost rap-like sometimes.
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SmokeyLady
Broadway Star Joined: 10/29/14
#54Matilda To Take Final Bow in 2017
Posted: 4/15/16 at 4:53pm
Up In One said: "Its either poor producing or a sign or trouble to come for future productions."
Maybe it is brilliant producing to quit while your ahead? And the tour has been bleeding money...
#55Matilda To Take Final Bow in 2017
Posted: 4/15/16 at 4:53pm
ZellMorrowsPledge said: "Jshan05 said: "I've never seen Matilda but from the love on this thread, I might have to add it to my list for my next trip to the city!"
Luckily you have a lot of time before it closes but if you haven't seen it you must soon. It's truly one of the greatest shows ever. But I highly recommend listening to the cast album before you go because the Broadway production has a huge diction problem, and a lot of the score goes by really fast. Almost rap-like sometimes."
Ah yes I have the cast album so I'll be sure to listen to it a few times all the way through before catching it. I'm hoping to head back up to New York this summer, so I'll add it to my list! :)
AEA AGMA SM
Broadway Legend Joined: 8/13/09
#56Matilda To Take Final Bow in 2017
Posted: 4/15/16 at 5:01pm
SmokeyLady said: "Maybe it is brilliant producing to quit while your ahead?"
That would be my guess. It's better for any show to go out on a high note rather than to be remembered as struggling along until closing. They have done consistently well in every holiday season, so it makes sense to announce now and ensure that they get everyone who holds the "it will be around for a while, I'll see it later" mindset (which I'm often guilty of falling into myself). I saw the second preview (or, as Matthew Warchus put it in his pre-show speech that night, their second "first" preview as it was Sophie's first time on) and loved it. I've been planning a return visit, but it always gets bumped down as there would be things to see that didn't seem to have the guaranteed longevity. Now I know I'll need to get back to the Shubert; I've been handed my ticking clock, as it were.
Up In One
Broadway Star Joined: 5/27/04
#57Matilda To Take Final Bow in 2017
Posted: 4/15/16 at 5:05pm
I am sure they didn't use a stop clause - those usually involve much shorter notice than 8 months. I bet the theater had something to do with it - a gentleman's agreement combined with projected grosses and the new kid show competition.
Most shows use the reduced royalty method to ensure quicker pay back to the investors but once they recoup the expenses get higher and because they are percentage based the higher the gross the higher the expenses. Matilda had additional participants in the royalty pool because it wasn't the originating production adding to their expenses. Where most profits get split 50/50 between producer and investor after recoupment Matilda's split was more in favor of the producers giving the investors less than 50%. The NY Times had an article on all of this.
I bet Matilda's expenses were way north of $800k a week so they were losing money many weeks while waiting for the kids to get out of school which would mean the investors didn't see the kind of return other shows produced. Its always good to go out on top. The announcement should boost sales for the rest of the year.
Up In One
#58Matilda To Take Final Bow in 2017
Posted: 4/15/16 at 6:41pm
Up In One said: "I am sure they didn't use a stop clause - those usually involve much shorter notice than 8 months. I bet the theater had something to do with it - a gentleman's agreement combined with projected grosses and the new kid show competition.
Most shows use the reduced royalty method to ensure quicker pay back to the investors but once they recoup the expenses get higher and because they are percentage based the higher the gross the higher the expenses. Matilda had additional participants in the royalty pool because it wasn't the originating production adding to their expenses. Where most profits get split 50/50 between producer and investor after recoupment Matilda's split was more in favor of the producers giving the investors less than 50%. The NY Times had an article on all of this.
I bet Matilda's expenses were way north of $800k a week so they were losing money many weeks while waiting for the kids to get out of school which would mean the investors didn't see the kind of return other shows produced. Its always good to go out on top. The announcement should boost sales for the rest of the year.
"
I agree with your estimation - based on their recoupment date I estimated the expenses and they were indeed 800k or higher. It seemed so high that I don't know how accurate it was. However, I think one thing we can be sure of based on this rough estimation and a closing notice is that this show is very expensive to run.
"You can't overrate Bernadette Peters. She is such a genius. There's a moment in "Too Many Mornings" and Bernadette doing 'I wore green the last time' - It's a voice that is just already given up - it is so sorrowful. Tragic. You can see from that moment the show is going to be headed into such dark territory and it hinges on this tiny throwaway moment of the voice." - Ben Brantley (2022)
"Bernadette's whole, stunning performance [as Rose in Gypsy] galvanized the actors capable of letting loose with her. Bernadette's Rose did take its rightful place, but too late, and unseen by too many who should have seen it" Arthur Laurents (2009)
"Sondheim's own favorite star performances? [Bernadette] Peters in ''Sunday in the Park,'' Lansbury in ''Sweeney Todd'' and ''obviously, Ethel was thrilling in 'Gypsy.'' Nytimes, 2000
Updated On: 4/15/16 at 06:41 PM
KathyNYC2
Broadway Legend Joined: 12/2/10
#59Matilda To Take Final Bow in 2017
Posted: 4/15/16 at 7:03pm
Well I just got my January 1st ticket. Yay
Tag
Broadway Legend Joined: 11/19/05
#60Matilda To Take Final Bow in 2017
Posted: 4/15/16 at 7:07pm
Broadway.com reported that they are closing in order for the next show (which is "big" ) to put their tickets on sale soon.
Editing to say: they are announcing the closing so far in advance for this reason. It's not the reason they are closing.
#61Matilda To Take Final Bow in 2017
Posted: 4/15/16 at 7:09pm
I know the salaries are much different and lower on the west end, but I can't imagine how high the expenses are for the west end production since they have 3 actors for every child ensemble role, plus 4 Bruce's and 4 matildas. Then add the adult cast onto there it would sound like a nightmare to pay for. No one wonder Charlie and the chocolate factory is looking for an adult to play the title role in their upcoming workshop.
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
Stinger2
Swing Joined: 11/19/15
#62Matilda To Take Final Bow in 2017
Posted: 4/15/16 at 8:44pm
They are not looking for an adult to play the title role.
#63Matilda To Take Final Bow in 2017
Posted: 4/16/16 at 10:12am
I can understand this having a high weekly cost. I will say that the "long tour stop/part sit-down" production that is happening in Toronto over the summer/fall has higher than usual tickets for Toronto, and from what I have heard is making this be an interesting gamble. So, I mean, good for the Dodgers on closing this at a high point. If only they knew when to close Jersey Boys.
"Ok ok ok ok ok ok ok. Have you guys heard about fidget spinners!?" ~Patti LuPone
itis2l84u
Stand-by Joined: 10/16/15
#64Matilda To Take Final Bow in 2017
Posted: 4/16/16 at 7:31pm
Tag said: "Broadway.com reported that they are closing in order for the next show (which is "big" ) to put their tickets on sale soon.
Editing to say: they are announcing the closing so far in advance for this reason. It's not the reason they are closing.
"
I'd like to know the source of this information.
KathyNYC2
Broadway Legend Joined: 12/2/10
#65Matilda To Take Final Bow in 2017
Posted: 4/16/16 at 9:52pm
Not exactly on topic but tonight is Rileigh McDonald's last show as Matilda, the first of 4 girls of the 4th group of Matildas to leave. The 5th and now we know final group will be starting soon.
Updated On: 4/16/16 at 09:52 PM#66Matilda To Take Final Bow in 2017
Posted: 4/16/16 at 11:16pm
KathyNYC2 said: "Not exactly on topic but tonight is Rileigh McDonald's last show as Matilda, the first or 4 girls of the 4th group of Matildas to leave. The 5th and now we know final group will be starting soon.
" so sad. Alexandra Vlachos was my first Matilda, and she did nothing short of changing my life. I'll miss this set of girls
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#67Matilda To Take Final Bow in 2017
Posted: 4/16/16 at 11:20pm
It will be interesting to see how many of these kids actually end up pursuing this as a career. It seems like of the original 4 only oona has found major sucess with her 2 movies.
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
KathyNYC2
Broadway Legend Joined: 12/2/10
#68Matilda To Take Final Bow in 2017
Posted: 4/17/16 at 12:47am
Ripley has done quite a few films, Fina did one TV movie....and some of the others have done more theater and TV voiceover work. Also Gabby plays Small Alison in Fun Home.. How much more successful are they supposed to be at 12?
#69Matilda To Take Final Bow in 2017
Posted: 4/17/16 at 2:29am
Jorge, Sophia Gennusa was in Doctor Zhivago.
dramamama611
Broadway Legend Joined: 12/4/07
#70Matilda To Take Final Bow in 2017
Posted: 4/17/16 at 4:41am
itis2l84u said: "Tag said: "Broadway.com reported that they are closing in order for the next show (which is "big" ) to put their tickets on sale soon.
Editing to say: they are announcing the closing so far in advance for this reason. It's not the reason they are closing.
"
I'd like to know the source of this information.
"
Then go ask Broadway.com
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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.
#71Matilda To Take Final Bow in 2017
Posted: 4/17/16 at 7:09am
And Oona is in Pete's Dragon this year. You can see her briefly in the trailer
itis2l84u
Stand-by Joined: 10/16/15
#72Matilda To Take Final Bow in 2017
Posted: 4/17/16 at 1:19pm
dramamama611 said: "itis2l84u said: "Tag said: "Broadway.com reported that they are closing in order for the next show (which is "big" ) to put their tickets on sale soon.
Editing to say: they are announcing the closing so far in advance for this reason. It's not the reason they are closing.
"
I'd like to know the source of this information.
"
Then go ask Broadway.com
"
I was tired and I misread something. I'm so ****ing sorry.
#73Matilda To Take Final Bow in 2017
Posted: 4/19/16 at 10:42am
Ah! I loved this show. I saw it back in West End and three years ago when it opened on Broadway. I hope to see it once more. Over a year ago, I did the lottery and only 40 people showed up (it was winter and not a winter/holiday break).
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