[VIDEO]: 2019 Super Conference – “Budgeting for Every Stage of Development” with Adam Hess, Brian Moreland, Margaret Skoglund, and Charlotte Wilcox
Budgets are the foundation of every business, especially Broadway. Our economics are so fragile that if you eff up your budget, your show could close faster than it should, no matter how good it is.
That’s why we produced a panel on “Budgeting Best Practices” our SuperConference with a powerhouse group of Broadway General Managers who discussed . . .
- The difference between a Capitalization budget and an Operating budget
- What the biggest “line items” on a Broadway budget are and how to keep them in line.
- Why the typical recoupment time is for a Broadway show in modern times (and what you should shoot for)
- The process for how profit and royalties are calculated and distributed.
- And more.
Watching this video will save your show money. Period.
(And stay tuned for a new video every single day, right here in this space. Tomorrow, my official welcome presentation to the Super Conference 2019 which includes my analysis of the trends of the types of shows that Broadway wants right now. Click here to get these daily videos emailed to you.)
Don’t forget to tune in our new Facebook LIVE series, The Producer’s Perspective LIVE!, every night at 8pm EDT. Tonight’s guest is Broadway Star Alex Brightman! Click here for the full schedule and to tune in!