Next Show to recoup
Next Show to recoup
Next Show to recoup#1
Posted: 5/29/12 at 8:48pm
So instead of a negative post about which show is to close next, that usually pops up this time of year, this one is about the exact opposite, which shows are going recoup next/soon.
Rock of Ages: Any day now I am amazed the show hasn't recouped yet.
NEWSIES within the next few weeks.
THE BEST MAN: within the next month...if not it should most certainly recoup before it closes come Sepetember
ONCE before the end of the Summer
Next Show to recoup#2
Posted: 5/29/12 at 8:51pmSpider-Man: Turn Off the Dark!!!!!!!!!!
Broadway Legend Joined: 12/1/09
Broadway Legend Joined: 4/15/04
Next Show to recoup#3
Posted: 5/29/12 at 9:23pmI have no idea if Rock has recouped or not. But all the different music licensing has got to be expensive.
Broadway Legend Joined: 3/16/06
Next Show to recoup#4
Posted: 5/29/12 at 9:25pmI wonder what Evita's capitalisation is as it must be easily making its weekly nut plus profit, I don't expect it to recoup until the end of the year or early next year.
Next Show to recoup#5
Posted: 5/29/12 at 9:29pmI agree I think the production is at least 10 million, so it may recoup by the end of the summer...but i think its more likely to recoup sometime in the fall...
Leading Actor Joined: 5/1/09
Next Show to recoup#6
Posted: 5/29/12 at 10:19pm
For ROA, per a friend who invested, the music rights are actually pretty cheap. And it's not all that close to recouping, but getting closer.
It went through a long long period where it was barely covering, and they also had to pay a ton to switch theaters, and then the cost savings from the HH vs the BA weren't that great.
Apparently the financial management has been . . . poor.
But it IS finally heading in the right direction, thanks to the movie. Maybe by the end of the year.
Next Show to recoup#7
Posted: 5/29/12 at 10:25pmthats good since Second Stage is going to evict them come next year, but at least they will be more in the black than Memphis...
Next Show to recoup#8
Posted: 5/29/12 at 10:28pm
but at least they will be more in the black than Memphis..
No show is blacker than Memphis except for that Streetcar revival.
Leading Actor Joined: 5/1/09
Next Show to recoup#9
Posted: 5/29/12 at 10:29pm
apparently - and I am simply going on what I was told - I haven't seen any contracts or anything - ROA gets to perform at the HH as long as they want (stop clauses aside). I don't know if SS will take ownership prior to ROA finishing it's run or not, but ROA isn't going to be evicted.
Again, could be wrong, but that's what I was told.
Next Show to recoup#10
Posted: 5/29/12 at 10:30pmBroadwaydevil being in the black is a financial term meaning profitable...and being in the red is a financial loss
Next Show to recoup#12
Posted: 5/29/12 at 10:34pmOy vey.
Next Show to recoup#13
Posted: 5/29/12 at 10:39pmAnd back OT, I think THE BEST MAN will be the next show to recoup.
Next Show to recoup#14
Posted: 5/29/12 at 10:45pm
Obviously, bdn223 doesn't understand the meaning of a "a pun".
Next Show to recoup#15
Posted: 5/29/12 at 10:49pmI do i just did't realize it at the time I apologize
Broadway Legend Joined: 3/16/06
Next Show to recoup#16
Posted: 5/29/12 at 11:47pm
Memphis been running almost three years and it's still not recouped, I guess they must be making running costs otherwise it would have closed by now.
Next Show to recoup#17
Posted: 5/29/12 at 11:52pmThe worst show I've ever seen. I'm surprised that Memphis made it to opening night.
Broadway Legend Joined: 12/4/07
Next Show to recoup#18
Posted: 5/30/12 at 6:01am
memphis was the worst? Wow, you've been pretty darn lucky then. I didn't love it, I barely liked it....but I can think of many shows that were worse:
Leap of Faith
Bonnie and Clyde
Wonderland
All Shook Up
Spiderman
WSS (revival -- yes worse, as they actually ruined a great show.)
Next Show to recoup#19
Posted: 5/30/12 at 7:03amMy niece works for Fandango in Los Angeles. She has seen a preview of the ROCK OF AGES film and loved it and she says the buzz around the office and ticket pre-sales are great. A successful film should only help the box office at the Helen Hayes (especially during the summer tourist months).
Next Show to recoup#20
Posted: 7/20/13 at 10:14amBUMP: Has Rock of Ages seriously not recouped after 4 years on Broadway? I know the transfers from Off-Broadway to Broadway and then to the Helen Hayes might have cost a good bit, but do are the weekly royalties really that much that it still has yet to turn a profit?
Broadway Legend Joined: 5/11/06
Next Show to recoup#21
Posted: 7/20/13 at 2:16pm
Per Tim Donahue who writes stagemoney.net, Rock of Ages recouped in April. He replied to my question to him as follows:
"Matthew Weaver, lead producer of "Rock of Ages," was quoted in April of this year saying that it had finally recouped. http://www.theatermania.com/los-angeles-theater/news/04-2013/matthew-weaver-creator-of-rock-of-ages_64970.html
It opened March 2009 and moved to the much smaller Helen Hayes theater. Of course, load in and load out costs by themselves can be a million for a straight play and two million for a musical. So that move added to its capitalization.
Now the show in its other incarnations have made bucks for many involved, I'm sure. See Weaver's interview for some of the details. The producer shares in those revenues. It would depend on the specifics of the investment agreement to what extent the Broadway investors shared in that."
Tim Donohue Blog
Broadway Legend Joined: 6/2/11
Next Show to recoup#22
Posted: 7/20/13 at 2:28pmHas Spiderman recouped yet?
Broadway Legend Joined: 6/18/06
Next Show to recoup#23
Posted: 7/20/13 at 2:52pmNot even close.
Broadway Legend Joined: 3/29/12
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