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They are very similar

Posted by: dramedy 01:32 pm EDT 08/06/14
In reply to: re: So no extension of its only a play - bwaydiva1 12:54 pm EDT 08/06/14

I don't have exact seat numbers, but looking at the playbill charts for both, they are very similar.

Once is a hard one to figure. It originally cost $325k to run when it opened as reported. So if that number is still close, the show ha never even come close to a losing week. June 15 was the lowest at $400k and it has been steadily increasing over the summer--probably as competitive shows close. It will dip again in the fall. But these low cost shows like rock of ages keep plugging along with surprisingly low numbers.


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re: They are very similar

Posted by: sirpupnyc 03:09 pm EDT 08/06/14
In reply to: They are very similar - dramedy 01:32 pm EDT 08/06/14

The Jacobs and Schoenfeld have the biggest orchestra sections (642 and 663) of the theatres in the 1000- to 1100-seat range. The rest have 500 or so, except the O'Neill with 700ish (I'm not sure how many the pit takes out).


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re: They are very similar

Posted by: bwaydiva1 01:38 pm EDT 08/06/14
In reply to: They are very similar - dramedy 01:32 pm EDT 08/06/14

But the stop clause could be put into effect-there are tons of shows waiting for theaters that size.


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re: They are very similar

Posted by: MikeR 05:42 pm EDT 08/06/14
In reply to: re: They are very similar - bwaydiva1 01:38 pm EDT 08/06/14

I didn't think you could put a stop clause into effect for a show that's making money.


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I think

Posted by: dramedy 07:27 pm EDT 08/06/14
In reply to: re: They are very similar - MikeR 05:42 pm EDT 08/06/14

It's when it falls below 60 or 70 % of potential gross for so many weeks. Soma few bad weeks wouldn't kill a show. But remember that the theater owner gets money on percentage (5-7% range) of gross. So there is incentive of them to have a clear cut way to end a show instead of a more ambiguous "when it's losing money" standard. I've never actually seen a lease agreement, so I don't know what the parameters are, just rumored.


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That's true

Posted by: dramedy 01:41 pm EDT 08/06/14
In reply to: re: They are very similar - bwaydiva1 01:38 pm EDT 08/06/14

It's most likely below minimum grosses over x weeks. But I always wonder if shuberts want to kick out a $500k grossing show that plays 52 weeks over $1m show that plays 16 weeks. Dark theaters between shows aren't making money.


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re: That's true

Posted by: bwaydiva1 01:42 pm EDT 08/06/14
In reply to: That's true - dramedy 01:41 pm EDT 08/06/14

In this market, they wouldn't stay dark for long. "The Audience" followed by something else?


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