Friday, February 25, 2011

money stuff

Any television executive knows that the big money is in reruns: Hit shows like “Seinfeld” and “Star Trek” keep raking it in long after the writers penned their last scripts. Now a group of theater producers is putting a twist on that business model, taking long-running Broadway hits and moving them Off Broadway to test if they can live on in rerun mode, where costs are lower and the profit potential is significant.
This is crap news in the big picture for performers. But given that Equity's all-or-nothing stance on any tier other than Broadway contracts, life below the elite level of contracts was crap, and they've done less than everything to give producers more options (cough -- showcase code -- cough). Now, the zero-sum game between producers and performers kicked into high gear, and there's no room for maneuver.

/end rant


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