All That Chat - re: Only 60% of that above weekly cost goes to investors

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re: Only 60% of that above weekly cost goes to investors
Posted by: mikem 05:16 pm EDT 08/17/17
In reply to: Only 60% of that above weekly cost goes to investors - dramedy 04:22 am EDT 08/17/17

Shouldn't Groban's salary (or at least most of it) be considered to be part of the weekly nut? If the show's finances were set up that the investors only got a tiny bit of the profits each week (which sounds like was the case), I can understand why they're upset if that wasn't clear up front.
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Most likely it would show up as a separate line item
Posted by: dramedy 05:49 pm EDT 08/17/17
In reply to: re: Only 60% of that above weekly cost goes to investors - mikem 05:16 pm EDT 08/17/17

If i recall correctly, groban extended his original run. So it would make sense to show costs for no star and add percentage for star. It can be even more complicated where star gets base salary and then percentage when above base. I even saw one that percentage kicked in for weeks above,weekly nut. $-550 to 700 is big jump, but $550k was most likely unrealistic for medium size musical at large imperial.
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