Threaded Order Chronological Order
| Is it beyond the ability of the producers to pay their companies a retainer fee? | |
| Posted by: portenopete 08:53 pm EST 01/02/22 | |
| In reply to: Perhaps the beginning of an unfortunate trend (Broadway "pause" for Mrs. Doubtfire) - Ncassidine 06:36 pm EST 01/02/22 | |
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| How many people are on the payroll? Are all of them eligible for unemployment insurance? What does that give them per week? What is a production contract minimum these days? | |
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| Does the theater owner still get paid the full rent during this hiatus? | |
| Posted by: aleck 09:59 pm EST 01/02/22 | |
| In reply to: Is it beyond the ability of the producers to pay their companies a retainer fee? - portenopete 08:53 pm EST 01/02/22 | |
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| Or do the lay offs only affect the salaried people? How does that work? | |
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| I have the same question. | |
| Posted by: wizrdofoz27 01:15 am EST 01/03/22 | |
| In reply to: Does the theater owner still get paid the full rent during this hiatus? - aleck 09:59 pm EST 01/02/22 | |
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| I doubt any producer will be forthcoming with such details, but I'm very curious. Also curious how much it matters that the Sondheim is owned by Roundabout | |
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| re: I have the same question. | |
| Posted by: StageLover 06:47 pm EST 01/03/22 | |
| In reply to: I have the same question. - wizrdofoz27 01:15 am EST 01/03/22 | |
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| The Roundabout manages the Sondheim for its owners, The Durst Organization and the Bank of America. I'm sure they get a healthy fee for doing so. | |
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| re: I have the same question. | |
| Posted by: ryhog 09:53 pm EST 01/03/22 | |
| In reply to: re: I have the same question. - StageLover 06:47 pm EST 01/03/22 | |
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| my recollection is that RTC rents the theatre from Durst and that when RTC has a commercial subtenant, Durst gets a share of the percentage rent, not that it is a management arrangement. Unless the deal has been rewritten (or my memory is faulty). The terms of the rent (which is only the fixed rent obviously since the percentage rent would be $0) during a hiatus are a matter of negotiation. It is well to remember that (a) there are no rules and (b) there are especially no rules in the middle of a pandemic. From what I see, RTC has little if any motivation to not ride out a hiatus on agreeable terms. But I don't know. | |
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| re: I have the same question. | |
| Posted by: sirpupnyc 11:47 pm EST 01/03/22 | |
| In reply to: re: I have the same question. - ryhog 09:53 pm EST 01/03/22 | |
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| I've always seen it phrased as Roundabout "programs" the Sondheim. Ah, there's some more concrete information. Roundabout has a 20-year operating lease. They pay annual rent, additional for building expenses and "may be obligated to pay additional rent based on net rental income". Page 22 at the link below. |
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| Link | https://res.cloudinary.com/roundabout-theatre-company/image/upload/v1641241111/Development/Uploads/Roundabout_Theatre_Company_FINAL_Audit_8-31-21.pdf |
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| re: I have the same question. | |
| Posted by: ryhog 12:40 am EST 01/04/22 | |
| In reply to: re: I have the same question. - sirpupnyc 11:47 pm EST 01/03/22 | |
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| i am grateful that not everyone is as lazy as i am lately. :-) | |
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| re: I have the same question. | |
| Posted by: NewtonUK 09:44 am EST 01/03/22 | |
| In reply to: I have the same question. - wizrdofoz27 01:15 am EST 01/03/22 | |
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| Hadestown will freeze over before theatreowners will lower their rent. That said, the bigger producers get a lot of favors that most producers don't, and Kevin is one of the biggest. He may have struck some kind of deal. Keep in miund that his decision puts out of work the House IATSE crew, doorman, box office staff. ushers, house manager, theatre manager, bar staff etc etc - all of whom are employees of the theatre, not the producer. (the orchestra are also employees of the theatre, but that's just Broadway bullshit that wont go away) | |
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| re: I have the same question. | |
| Posted by: ryhog 02:32 pm EST 01/03/22 | |
| In reply to: re: I have the same question. - NewtonUK 09:44 am EST 01/03/22 | |
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| You might recall that the "theatreowner" is RNT so generalizations are not especially apt. Also, your first sentence contradicts the next two. Among other defects noted elsewhere. |
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| "his decision puts out of work ... " | |
| Posted by: Ann 09:47 am EST 01/03/22 | |
| In reply to: re: I have the same question. - NewtonUK 09:44 am EST 01/03/22 | |
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| As would permanently closing. Did you think Mrs. Doubtfire was going to stay open through January and February 2022? | |
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| re: "his decision puts out of work ... " | |
| Posted by: Delvino 01:09 pm EST 01/03/22 | |
| In reply to: "his decision puts out of work ... " - Ann 09:47 am EST 01/03/22 | |
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| And unless my memory has failed, Mrs. Doubtfire's survival was far from a sure thing. It was panned in the Times, and had mixed (at best) reviews elsewhere. A presumption that a hit was suspended unfairly seems a leap. It was on TDF and TKTS like all other shows, both of which I checked twice a day. This was a production that might've struggled without a pandemic (see Tootsie). | |
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| re: Is it beyond the ability of the producers to pay their companies a retainer fee? | |
| Posted by: sirpupnyc 09:12 pm EST 01/02/22 | |
| In reply to: Is it beyond the ability of the producers to pay their companies a retainer fee? - portenopete 08:53 pm EST 01/02/22 | |
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| They're taking this break (in part) because they don't believe they can take in enough to meet costs. Payroll is a large part of the weekly nut. So with no income, it's a safe guess that they can't afford to keep paying, if staying up through the lean weeks would mean closing. I've wondered about the unemployment thing lately, but haven't allowed myself to look it up (because if the shows stop, I stop, too). With a short time back to work after a long time drawing unemployment, I'm not sure the answers are good. But NY's max is $504/week, a long way from production contract minimum. |
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| re: Is it beyond the ability of the producers to pay their companies a retainer fee? | |
| Posted by: stgmgr 12:50 am EST 01/03/22 | |
| In reply to: re: Is it beyond the ability of the producers to pay their companies a retainer fee? - sirpupnyc 09:12 pm EST 01/02/22 | |
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| With so many in the arts having been out of work for so long, there's no guarantee that the affected workers will have accrued enough work weeks to qualify to collect unemployment. So even that $504 max isn't a sure thing. | |
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| It used to be two weeks until unemployment is paid | |
| Posted by: dramedy 09:38 pm EST 01/02/22 | |
| In reply to: re: Is it beyond the ability of the producers to pay their companies a retainer fee? - sirpupnyc 09:12 pm EST 01/02/22 | |
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| A layoff from a show should qualify. They would have to actively looking for a new job but there probably isn’t much available now for actors. “Did you bullshit last week, did you bullshit this week, did you try to bullshit this week”. History of the world when Mel brooks sought unemployment in Roman times for stand up comic and bea Arthur said those great lines. |
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| re: It used to be two weeks until unemployment is paid | |
| Posted by: fosse76 12:28 pm EST 01/03/22 | |
| In reply to: It used to be two weeks until unemployment is paid - dramedy 09:38 pm EST 01/02/22 | |
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| A layoff from a show would qualify...but they must have 6 months of work previous to the layoff. No shows qualify for that. | |
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| The website says 12 months. | |
| Posted by: dramedy 03:21 pm EST 01/03/22 | |
| In reply to: re: It used to be two weeks until unemployment is paid - fosse76 12:28 pm EST 01/03/22 | |
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| I didn’t realize there was that requirement. Most actors rarely qualify unless it’s a hit show that runs a year. | |
| Link | https://www.benefits.gov/benefit/1771 |
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| re: The website says 12 months. | |
| Posted by: fosse76 03:44 pm EST 01/03/22 | |
| In reply to: The website says 12 months. - dramedy 03:21 pm EST 01/03/22 | |
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| It looks like they reduced it to one quarter (3 months) for 2021. Many shows still won't qualify. | |
| Link | https://dol.ny.gov/you-apply-unemployment-frequently-asked-questions |
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