Postponed Indefinitely: ROOM On Broadway - News & Discussion Thread — Page 7

JasonC3 said: "ChorusKitty said: "I apologize if my flippant ending comment on my post triggered such strong reactions. I, admittedly, acknowledge I don't know the reason this person decided to pull their funds, surely at a loss already, at this late date. My full empathy goes out to the cast, crew, and other producers who have been impacted."

Thank you for the faux apology in which you don't express regret for what you actually said, but for the reactions you triggered. Here's what the real apology looks like.

"I apologize for my flippant ending comment in my post. I, admittedly, acknowledge I don't know the reason this person decided to pull their funds, surely at a loss already, at this late date. My full empathy goes out to the cast, crew, and other producers who have been impacted."



Oh, build a bridge.

ErmengardeStopSniveling said: "fbueller said: "The investor/investment group should be named for transparency."

We already know it's either Sam Julyan or James Yeoburn. It was specified as a Lead Producer, and those are the other two lead producers in addition to Hunter Arnold. Both are British, relatively young, and have never worked on Broadway prior to this. And asitsjustmejonhotmailcom said, investments are often discussed in a handshake way during the courting stage and nothing is finalized until an investor signs their binding agreement. A lead producer will be courting many investors and in this case was probably responsible for about 1/3 of the capitalization (which would be $2.3M).

There will no doubt be additional reporting, as there was with Nerds and the bts of Funny Girl and other problem shows. If Riedel were still writing, we'd already have the skinny."

It's none of them. You can find the other producer online if you look around.

The Times has more detail on the cancellation

https://www.nytimes.com/2023/03/17/theater/room-broadway-postponed.html

Curious how much investors lost. Most waive right to refund and there must’ve been a great deal of production costs. Right?

Fordham2015 said: "The Times has more detail on the cancellation

https://www.nytimes.com/2023/03/17/theater/room-broadway-postponed.html"

The way Nathan Gehan and his company exited kind of reminds me of a situation I was in when I worked at a restaurant that abruptly closed. The prior owners sold the business to their cousins and the new owners assumed the business would stay operational until everything was transferred over. That’s obviously not what happened. It seems like Gehan just assumed everyone else would be able to pick up the pieces. Now dozens and possibly hundreds of people are unemployed. I’m kind of shocked him or his company weren’t binded by some contract, especially this late in the process. I’m sure there will be lawsuits after this.



Also, considering Gehan and ShowTown theatricals is the GM on Parade I wonder if there may be any backlash on the production during awards season. He’s likely to be the most hated man on Broadway right now.

What if it were to be done Off-Broadway? It's a small, intimate show (I'm assuming) and would fit best in a house of 200 seats or so anyway.