| re: That’s crazy |
| Posted by: jgerard 12:55 pm EDT 06/21/22 |
| In reply to: re: That’s crazy - ryhog 08:18 pm EDT 06/20/22 |
|
| I was quoting the post above and pointing out that "rules of recoupment" (obviously not my construct) don't exist. When Show Boat opened at the former North York Performing Arts Center and Drabinsky bused the first-string critics up to see it, I urged readers to head to Toronto because it was far too expensive to justify a Broadway transfer. I was wrong about the move but not about the cost. When Drabinsky put out a press release claiming that Show Boat had recouped at the Gershwin, I declined to report that in Variety and he went ballistic in his usual restrained manner. Later, in New York magazine under the headline Flop Sweat, I wrote that the focus on Michael Ovitz's $20M Livent investment was misdirected and that the real story was the fire sale of Livent stock, a company that never should have been allowed on the NYSE in the first place. I continue to be astonished that seasoned Broadway investors and landlords continue to do business Drabinsky while Scott Rudin has been erased, at least for now. |
|
reply
|
|
| Previous: |
re: That’s crazy - ryhog 08:18 pm EDT 06/20/22 |
| Next: |
re: That’s crazy - ryhog 02:15 pm EDT 06/21/22 |
| Thread: |
|
