Recoup rate of POTO (Bway)
Recoup rate of POTO (Bway)
PattyO'Furniture
Featured Actor Joined: 8/12/04
#1Recoup rate of POTO (Bway)
Posted: 2/4/11 at 10:45pm
Does anyone have a source that indicates how long it took POTO to recoup on Bway and how much the initial Bway investments were? If so, I'd be much obliged if you would share.
If you have a source for London instead, that will do, as well.
#2Recoup rate of POTO (Bway)
Posted: 2/5/11 at 10:52am
The original Broadway production opened in January 1988 and had not recouped by season's end. It did recoup by end of the following season. (They did not make specific announcements back then. Just the annual season tallies in Variety.) I remember reading that the show would need to sell out 40 weeks to recoup and it did sell out week after week.
There were no outside investors. Show was produced by Cameron Mackintosh and the Really Useful Theatre Company.
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PattyO'Furniture
Featured Actor Joined: 8/12/04
#2Recoup rate of POTO (Bway)
Posted: 2/5/11 at 7:01pmThank you for this informaion. Do you know of an online source for these stats or any others?
tourboi
Broadway Legend Joined: 12/15/05
#3Recoup rate of POTO (Bway)
Posted: 2/5/11 at 7:47pm
There were outside investors... Just because Mackintosh produced it, doesn't mean he put ALL his money into it. He did what most producers do... he found investors and brought them into the fold.
I know a few individuals who had/have money in the London, and Broadway runs.
jdtp12
Featured Actor Joined: 7/16/10
#4Recoup rate of POTO (Bway)
Posted: 2/5/11 at 9:31pmI don't know for sure, but I seem to remember reading in a NYTimes article last fall that it's budget was 8 or 9 million when it opened..
PattyO'Furniture
Featured Actor Joined: 8/12/04
#5Recoup rate of POTO (Bway)
Posted: 2/5/11 at 10:51pmSo then, it probably recouped in a greater amount of time than WICKED, but it recouped a greater amount of money than WICKED. Does that seem correct? Just wish I could find a source. Thank you all for the info.
#6Recoup rate of POTO (Bway)
Posted: 2/5/11 at 10:54pmIs that 8 or 9 million dollars today, or back when it opened since inflation has changed.
jdtp12
Featured Actor Joined: 7/16/10
#7Recoup rate of POTO (Bway)
Posted: 2/5/11 at 10:59pmThat's a good question. I just know it was an article about Spider-man's budget, so it was giving the budgets of a few past larger shows..
tourboi
Broadway Legend Joined: 12/15/05
#8Recoup rate of POTO (Bway)
Posted: 2/6/11 at 12:40amIt was between 8-9 Million in currency then... given inflation, I think ALW has said that it would be a very hard show to capitalize in today's economy.
MamasDoin'Fine
Broadway Legend Joined: 9/28/08
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