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re: School of rock at $670k
Last Edit: JohnPopa 04:40 pm EST 01/22/18
Posted by: JohnPopa 04:39 pm EST 01/22/18
In reply to: School of rock at $670k - dramedy 04:08 pm EST 01/22/18

"Meteor Shower" was 99% potential revenue - is there a reason it would be booked to lose money? It's not like they could have expected much more revenue for the run.

(I'm genuinely curious if something this commercial could be expected to close in the red even at maximum capacity, not challenging your view.)
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maybe they expect premium pricing to do better
Posted by: dramedy 05:14 pm EST 01/22/18
In reply to: re: School of rock at $670k - JohnPopa 04:39 pm EST 01/22/18

$10.9m - 8% fee is around $10m gross. Divide by 12 weeks is $833k. Let's just guess Amy schumer got 10% of gross, we are down to $750k. If production weekly is $300k, we are down to $450k. 60% of that goes to investors, which $270k for 12 weeks is $3.2m. Yikes, that's probably production cost for most plays.

These are totally rough numbers and guesses based on similar shows and maybe weekly is $250k and Amy doesn't get 10%. 12 week run is a little shorter than most play schedule at 16 weeks and maybe they expected to extend a few weeks but reviews weren't that solid. That was where Hugh jackmans the river had problems. Advance sales were huge selling out the initial run. Reviews were mediocre and the extension was hard to sell and discounts offered in February. The same probably would have happened here.

There is no requirement to announce recouping. So we will never know if the show did or didn't.
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