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re: The investors are probably better off closing books
Posted by: ryhog 10:02 pm EDT 07/29/22
In reply to: The investors are probably better off closing books - dramedy 08:15 pm EDT 07/29/22

Let's slow down a little.

Rudin has a license, granted by the estate, aka the right-holder, to produce the show. And it's a big fat license.
The investors cannot close the books on the show; that's the prerogative of the producer.
When Rudin "stepped back," he never said that he had divested. He transferred the lead producership to a buddy.
That buddy publicly stated that he hoped a "rehabilitated" Rudin would return to producing.

That seems to be what Rudin is doing. The question is: will people work with him? The parallels to the Drabinsky fiasco are striking. I think there is a good chance that 2 of the 3 main theatre owners may not. I think many creatives may not. I think much talent will not. We shall see.

It's a sly thing he did here. He did not announce he was going to produce a show. He announced he was not. And he did it on a hot summer day. It's his strategy to get his foot back in the door. Will it work? We shall see. I hope not.

That said, I think he made the right call on reopening this show. It would have lost money.
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