Threaded Order Chronological Order
| re: Hardly. | |
| Posted by: allineedisthegirl 03:23 pm EDT 07/26/22 | |
| In reply to: Hardly. - ShowGoer 02:33 pm EDT 07/26/22 | |
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| Isn't it possible that the producers of The Piano Lesson see the move as a blessing? db |
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| We don’t know | |
| Posted by: dramedy 03:43 pm EDT 07/26/22 | |
| In reply to: re: Hardly. - allineedisthegirl 03:23 pm EDT 07/26/22 | |
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| If shuberts charge more for their theater than jujamacyn or at least made a deal to fill in the fall at a reduced rate. It could very well be that there will be an increase by a percentage or two in the lease. My guess also is piano lesson don’t want to piss off jordan Roth for future rentals for their shows at his theaters so probably didn’t hard bargain even though they had the upper hand—this is only conjecture on my part. The Audience was a little different since the schoenfeld and Jacobs are almost identical floor plans and both owned by the shuberts. I was surprised that the producers of the audience didn’t take $500k pure profit at the time offered by the producers of its only a play but maybe they were holding out for more. |
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| re: Hardly. | |
| Last Edit: ShowGoer 03:43 pm EDT 07/26/22 | |
| Posted by: ShowGoer 03:41 pm EDT 07/26/22 | |
| In reply to: re: Hardly. - allineedisthegirl 03:23 pm EDT 07/26/22 | |
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| “ Isn't it possible that the producers of The Piano Lesson see the move as a blessing? ” Sure. But if there are further costs involved with a forced move, reimbursements that they’re legally entitled to, and additional penalties that can be negotiated, all of which might make it easier to make back their money and hopefully return a profit to their investors - … even if they secretly see it as a blessing, it would be not only unnecessary but irresponsible to admit that to anyone, wouldn’t it? |
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| That’s a good point | |
| Posted by: dramedy 03:46 pm EDT 07/26/22 | |
| In reply to: re: Hardly. - ShowGoer 03:41 pm EDT 07/26/22 | |
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| That the investors signed up for x seats theater with potential y grosses and those numbers changed. I assume none of the investors backed out but that might be a clause in the funding documents. | |
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| re: That’s a good point | |
| Posted by: ShowGoer 03:54 pm EDT 07/26/22 | |
| In reply to: That’s a good point - dramedy 03:46 pm EDT 07/26/22 | |
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| Exactly. And that’s a further good point. I’m sure there’s a lot of contingent language, some it depending on how the production ultimately does. Based on what you say here, which I hadn’t thought about, in the event that Piano Lesson becomes a sold-out hit for the entire run at premium prices - and also because it regardless the seating capacity is significantly smaller - if the play is a hit, I bet there’s language in the ‘move memo’ reflecting that. In other words, I bet there’s a scenario that could potentially lead to Jucjamcyn paying the Piano Lesson producers for unsold seats… i.e. Jujamcyn paying the cost of at least some of the additional tickets that Piano Lesson would’ve been able to profit from had the show been allowed to stay where it was. |
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