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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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