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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

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

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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