Topic Did Gypsy recoup its investments? from the General Chit-Chat forum.
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| Author | Topic: Did Gypsy recoup its investments? |
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 GYPSY1527
Registered User
Registered:
2/20/2004
From:
New Jersey
Fav. BP Song: With So Little to be Sure of
Fav. BP Show: Gypsy
Fav. BP Character: Dot
Fav. BP CD: Sondheim Ect.
| posted: 9/9/2004 at 7:26:39 AM ET
With all this talk about broadway shows recouping their investments, it got me thinking about Gypsy. Now I hate to think of it this way but was gypsy considered a broadway flop or was its investments recouped? Shows like TBFO, MO and others have due to their sucess. Gypsy initially had a pretty strong run till about December/January of 2003/2004 so I really don't know.
http://www.playbill.com/news/article/88272.html
|  Jean
Registered User
Registered:
6/7/2003 | posted: 9/9/2004 at 7:43:28 AM ET
No, it didn't recoup. According to the New York Times, April 22, 2004, it "is expected to recoup a little more than half its entire investment[$8 million]".
I don't know what the definition of a "flop" is, nor do I know who sets that definition. But, if you're on the business end of "show business" (i.e. a producer), if you don't recoup it might be considered a "flop". However, there are certainly other measures, some not so cut-and-dried, that might just make some say a 14- month run and a critical success is NOT a flop.
I remember reading somewhere (probably on that other chat board) that very few Broadway shows recoup.
I wanna be a producer...
|  Chip1012
Registered User
Registered:
7/13/2003
From:
Boston | posted: 9/9/2004 at 8:14:44 AM ET
that's true that very few shows in the history of Broadway have gained back their intitial investment. It's a very tough business.
~ Chip, who doesn't know why he is up so early!! Must be perparing for my visit to see Song & Dance and Annie Get Your Gun. I know I talk about this a lot, but I'm so excited!!
"The child is so sweet and the girls are so rapturous. Isn't it lovely how artist's can capture us?~" Sunday in the Park with George
|  barcelona
Registered User
Registered:
7/27/2004 | posted: 9/9/2004 at 4:44:00 PM ET
How come The Boy from Oz just recouped it's
investment now - it says on Playbill.com
that it cost $8.5million, but it also
says it's made over $40million! It must
have made back it's money ages ago, so
why announce it now?
|  moljul
Registered User
Registered:
4/2/2001
From:
New York
Fav. BP CD: I'll Be Your Baby Tonight
Fav. BP Song: Dublin Lady
| posted: 9/9/2004 at 4:52:18 PM ET
They have brought in over $40 million over the last year but their weekly expenses are probably about $500K or maybe a bit more. The $8.5 milliion was the money it took to simply get it up on the stage a year ago. They have to pay all those salaries, do PR, pay rent, electricity, royalties to the creators, etc. So very little of their weekly ticket sales goes to paying back their investors. So it takes a long time to get their money to them. Once the investors are fully paid, you actually get to claim that you are showing a profit. It is extremely hard to pay back the initial investment in a year's time. Though AGYG did it.
| barcelona
Registered User
Registered:
7/27/2004 | posted: 9/9/2004 at 8:52:50 PM ET
Oh, I see!
Bernadette was with AGYG for that year, wasn't she? Go BP!
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