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re: NY Times: Landmark Broadway Deal Gives Actors a Piece of the Profits:L spoeaking of off Broadway
Posted by: NewtonUK 06:47 pm EST 02/10/19
In reply to: re: NY Times: Landmark Broadway Deal Gives Actors a Piece of the Profits - ryhog 06:14 pm EST 02/09/19

There has been a version of the Lab agreement used off Broadway since 2016, which provides profit sharing. Giving up 1% of profits, from the producers tranche of profits, after 110% recoupment, is not a burden to any producer. If you make $1,000,000 profit on the producer side, you are giving up $10,000.
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