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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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