All That Chat - re: NY Times: Landmark Broadway Deal Gives Actors a Piece of the Profits

ATC Main Newest Posts FLAT MODE SHOPPIN' On the Boards

re: NY Times: Landmark Broadway Deal Gives Actors a Piece of the Profits
Posted by: FrauPeter 04:37 pm EST 02/09/19
In reply to: NY Times: Landmark Broadway Deal Gives Actors a Piece of the Profits - Mike 09:10 pm EST 02/08/19

I am little skeptical about this. The fine print says profit sharing starts when a show recoups 110% not 100%. Not only will it take longer to hit 110% recoup with these new higher costs brought on by Equity, buy If I were a producer (and most shows usually start to wind down right after recoup anyway, think "The Bands Visit) I would just close my show at 109% recoup avoiding the additional profit share. Additionally, according to their new numbers, it costs less to pay an actor a weekly off bway salary and without the benefit of profit sharing than it does to pay them a Tier 3 contract. I could be totally wrong but it looks like today may be a win for regional theatre and off bway sheltering an avoidance of the new tier 3 contract.
reply

Previous:	NY Times: Landmark Broadway Deal Gives Actors a Piece of the Profits - Mike 09:10 pm EST 02/08/19
Next:	re: NY Times: Landmark Broadway Deal Gives Actors a Piece of the Profits - ryhog 06:14 pm EST 02/09/19
Thread:	re: NY Times: Landmark Broadway Deal Gives Actors a Piece of the Profits - ryhog 06:14 pm EST 02/09/19 (4) re: NY Times: Landmark Broadway Deal Gives Actors a Piece of the Profits:L spoeaking of off Broadway - NewtonUK 06:47 pm EST 02/10/19 (3) re: NY Times: Landmark Broadway Deal Gives Actors a Piece of the Profits:L spoeaking of off Broadway - ryhog 09:33 pm EST 02/10/19 (2) re: NY Times: Landmark Broadway Deal Gives Actors a Piece of the Profits:L spoeaking of off Broadway - NewtonUK 07:48 am EST 02/11/19 (1) re: NY Times: Landmark Broadway Deal Gives Actors a Piece of the Profits:L spoeaking of off Broadway - ryhog 10:13 am EST 02/11/19

Time to render: 0.016455 seconds.