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| re: Hardly. | |
| Posted by: ryhog 04:10 pm EDT 07/26/22 | |
| In reply to: Hardly. - ShowGoer 02:33 pm EDT 07/26/22 | |
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| I'd say your imagination is running a little amok. Yes, S/F low-balled it because there are a lot of other (relatively small but not nominal) costs but most of the rest of these things just get worked out. And when you have a theatre owner also (actually) producing, things get worked out easily because the truth is, no player involved in this is interested in damaging a relationship. No seatgeek will not be keeping fees on both shows and a single, easy transfer of revenue will take place. Do not underestimate how much seat geek wants to be friendly with Jordan; they are business partners. Not to mention they would reasonably expect more net revenue, not less. As I have said here many times, stop clauses are window dressing, not something people who plan to need each other in the future bring up. If Garth did not have a stop clause engaged, no one will. lol This is not that big of a deal. There is no "move." Telecharge does not have to do anything other than take a data dump from the production and a few tweaks from the GM. And I think most people looking at this expect piano lesson will do better not worse. P.S. They've already raised ticket prices at the Barrymore. Supply and demand and all that jazz. :-) I know folks enjoy this kind of thing (as do I) but this a friendly deal that is mutually beneficial. |
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| re: Hardly. | |
| Posted by: dramedy 04:16 pm EDT 07/26/22 | |
| In reply to: re: Hardly. - ryhog 04:10 pm EDT 07/26/22 | |
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| Roth isn’t a producer of piano lesson. Why would they invoke stop clause for paradise square? It’s not that any show was ready to move in for the summer. And the shuberts were collecting rent for those months for an otherwise vacant theater. As for lack of payments—that’s for courts to decide and I assume the shuberts made sure their lease payments were made first. |
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| re: Hardly. | |
| Posted by: ryhog 05:53 pm EDT 07/26/22 | |
| In reply to: re: Hardly. - dramedy 04:16 pm EDT 07/26/22 | |
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| Roth produces ITW, and orchestrated the shift. That's the point. The PS comment was in the nature of a joke, but the point is, the stop clause never comes into play. Unless a producer is producing their last show. And yes, the Shuberts take their money off the top, so no risk. To reiterate: 1. This is not as big a deal as some want to make it. 2. This is not as complicated as some want to make it. 3. This arrangement is a mutually beneficial one between ongoing business partners. No one is sticking it to anyone. 4. At the end of the day, landlords have all the cards, which makes decision-making easier all around. 5. The only aggrieved parties will be the ones who are convinced they got screwed in their seat reassignment. They can exchange or get a refund but it is virtually inconceivable the impact on the production will not be de minimis. |
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