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re: I Want To Be A Producer - NY Times article

Posted by: makemlaff 01:10 pm EDT 08/16/14
In reply to: re: I Want To Be A Producer - NY Times article - NewtonUK 08:28 am EDT 08/16/14

I don't understand why this topic, when presented in articles like this, always has the snide sounding comments and back handed praise. It's the nature of the business today, and only affects the artistic product if the lead producer allows it to happen.

The billing and awards consideration has indeed been the dangling carrot and seems to have worked by bringing in a continually new stream of investors.

I'm not personally offended by awards given to the above-the-title co-producers; though, I too have multiple Tony-award winning friends and colleagues and admit that (while I'm always happy for their success) I have to take their self-aggrandizement with a grain of salt. It's ridiculous to compare those Tony wins in quantity or contribution to Hal Prince's.

Part of the trouble with raising millions of dollars in ~$10K-25K increments is the sheer time it takes to accomplish that. Having a team of people each responsible for a portion is a far more effective and time efficient way to get the job done.

That said, I'm extremely curious to see how the online fund raising initiative of ON THE TOWN plays out. If it's a success and a large chunk of money is raised by that method, it may diminish the importance of bundlers.


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re: I Want To Be A Producer - NY Times article

Posted by: pitslre 01:43 pm EDT 08/16/14
In reply to: re: I Want To Be A Producer - NY Times article - makemlaff 01:10 pm EDT 08/16/14

I actually don't take issue with the buskers being producers....but the idea that a $35k investor has talked her way into the title in this article is a bit absurd (though I guess more power to her)


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re: I Want To Be A Producer - NY Times article

Posted by: makemlaff 02:12 pm EDT 08/16/14
In reply to: re: I Want To Be A Producer - NY Times article - pitslre 01:43 pm EDT 08/16/14

It's really just a matter of how her money was invested. If she invested her $35K with the lead producer she would be mostly likely be considered. However, if she combined her investment with others and they bring it to the lead producer a unit, they get consideration as a producer along with the producer perks such as the billing and (no doubt) a juicier deal. A straight up investor would receive their pro rata share of 50% of the net profits. As part of a producer syndicate they will collectively receive their pro rata share plus whatever they are given from the producer's share.

Honestly, if you were investing $35K in a show how would you invest it?

The article doesn't specify whether or not she raised additional money or not, though probably not.


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**corrections for my typos

Posted by: makemlaff 02:14 pm EDT 08/16/14
In reply to: re: I Want To Be A Producer - NY Times article - makemlaff 02:12 pm EDT 08/16/14

**It's really just a matter of how her money was invested. If she invested her $35K with the lead producer she would be mostly likely be considered just an investor and treated as such.


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