Broadway investors stand to lose about $200 million on the 2023-24 season’s flops. For Jujamcyn Theaters, the Broadway landlord, it was a different story.
Jujamcyn earned a profit of $34 million on revenue of $116 million in the year ending March 30, 2024. The disclosure, in a filing in the U.K. by Jujamcyn’s new parent, ATG Entertainment, is the first time in memory that a major commercial Broadway theater owner shared its financials.Continue Reading
Producer Hal Luftig suffered a setback in his court battle against a wealthy investor over millions of dollars from the musical Kinky Boots, a conflict the U.S. Supreme Court may play a role in resolving.
Luftig said that Nevada investor Warren Trepp jumpstarted the producer’s career — and then tried to destroy it. Trepp said that after decades of patronage, he was the one who was betrayed.Continue Reading
Stage technicians at the musical Titanique have voted to unionize with the International Alliance of Theatrical Stage Employees (IATSE). If the National Labor Relations Board certifies the election results, it would be the first victory for IATSE in its roughly year-old campaign to expand its off-Broadway presence, opening the door for better pay and higher production costs.
“It plants a flag for other off-Broadway workers,” said Daniel Little, an IATSE organizer, in an interview.Continue Reading
Successful producers rarely publicly discuss filing for bankruptcy. Hal Luftig — whose Kinky Boots had a lucrative six-year Broadway run — said last week that personal bankruptcy may be in the cards if a judge doesn’t approve his plan to reorganize one of his companies.
Hal Luftig Company filed for Chapter 11 bankruptcy protection in December, after an arbitrator ruled that Luftig and his company breached an agreement with a longtime investor, Reno, Nevada-based Warren Trepp.Continue Reading
EXCLUSIVE: For theater actors, a car and driver is generally a perquisite reserved for bankable stars.
In this pandemic, the labor union Actors’ Equity Association considers private transport a basic necessity.
“Mass-transit will not be used and if needed, dedicated transportation arrangements will be arranged by the employer,” Equity announced last week in a post on its website that details safety protocols for indoor productions with an audience. Equity, which represents actors and stage managers, lists just one “dedicated transportation arrangement” (presumably in addition to walking, biking and operating one’s own vehicle): a private car service with a driver who’s masked and gloved.Continue Reading
Christie’s auction house said it will offer three original drawings by the legendary Broadway portraitist Al Hirschfeld that were owned by Terry Allen Kramer, the prolific Broadway producer and Palm Beach doyenne who died in May at 85.Continue Reading
There’s nothing like a closing notice to get playgoers’ attention. Sustaining that isn’t easy.
Indecent grosses soared 60 percent to $606,000 last week, according to data from the Broadway League. It was by far the best week for Paula Vogel’s historical drama — about the controversial 1923 Broadway production of God of Vengeance — since it began previews in April.
Indecent had announced a Sunday, June 25, closing, but late on Thursday, June 22, lead producer Daryl Roth said she was inspired by the sales surge to rescind her decision and run it until August 6. Restarting a box office, with no advance sales, is challenging. A quick check of Telecharge suggests wide availability for this week.Continue Reading
