Recoupment for Tours - does the cast get paid more?
Recoupment for Tours - does the cast get paid more?
macbeth
Broadway Star Joined: 5/7/03
#1Recoupment for Tours - does the cast get paid more?
Posted: 2/25/25 at 7:15pm
I guess Beautiful Noise is the latest and fastest example of an equity tier 5 contract. Does the cast now make more money or just the producers?
#2Recoupment for Tours - does the cast get paid more?
Posted: 2/25/25 at 7:24pm
Once a Level 2 – 7 tour recoups, minimum salaries increase by 17%
#3Recoupment for Tours - does the cast get paid more?
Posted: 2/25/25 at 9:00pm
Impressive for the A Beautiful Noise tour to recoup in just 5 months.
#4Recoupment for Tours - does the cast get paid more?
Posted: 2/25/25 at 9:18pm
It’s funny they announced recoupment immediately after they did a 4 city loop of Florida. I.e. all the retired boomers in Florida helped them cross the finish line.
jakethesnake
Stand-by Joined: 5/11/06
#5Recoupment for Tours - does the cast get paid more?
Posted: 2/25/25 at 10:08pm
Call_me_jorge said: "Once a Level 2 – 7 tour recoups, minimum salaries increase by 17%"
This is slightly misleading. If the actors are making minimum, then their salary will increase. But most principals, who are making more than minimum, will have that additional money absorbed into the extra money they are receiving. Where ALL the actors benefit, if they are on a Tier 3-7 contract, is in overages (profit participation they receive as part of their contracts). When a show recoups, the percentage of profit participation that each actor receives automatically increases. So they make more money when the show does well. On a show like Beautiful Noise, where the actors are making overages regularly, they will all benefit from the new post-recoupment rate.
ErmengardeStopSniveling
Broadway Legend Joined: 9/20/18
#6Recoupment for Tours - does the cast get paid more?
Posted: 2/25/25 at 10:34pm
ACL2006 said: "Impressive for the A Beautiful Noise tour to recoup in just 5 months."
This is the benefit of subscription series, guarantees, and a four-quadrant show that appeals to non-theatre folk. Success odds can be much better on the road.
#7Recoupment for Tours - does the cast get paid more?
Posted: 2/26/25 at 8:13am
ErmengardeStopSniveling said: "ACL2006 said: "Impressive for the A Beautiful Noise tour to recoup in just 5 months."
This is the benefit of subscription series, guarantees, and a four-quadrant show that appeals to non-theatre folk. Success odds can be much better on the road."
The tour has been selling extremely well, too.
Timon3
Featured Actor Joined: 4/29/20
#8Recoupment for Tours - does the cast get paid more?
Posted: 2/26/25 at 10:57am
I cannot recall a tour announcing a shows recouping. There maybe a reason for this and that being all tours do recoup, as how I understand this complex market, that tours do not rely on ticket sales like they do in New York, but will get paid a set fee to perform by a cities theatre owner regardless of how many tickets gets sold.
It is up to that cities theatre promoter to put the best package of shows together, as to sell expensive subscriptions packages. Hence with the popularity of Hamilton promoters used this to sell packages, as it was anticipated that tickets to buy would be difficult.
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