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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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