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From Option to Opening: A Guide to Producing Plays off-Broadway

Overview

(Limelight). "...for the potential as well as professional producer and for writers, actors, directors and investors...written in crisp, clear non-legal language the layman can easily understand. Every page reflects the experience and expertise of Mr. Farber, a well-known and highly respected theatrical attorney." Library Journal
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Overview

(Limelight). "...for the potential as well as professional producer and for writers, actors, directors and investors...written in crisp, clear non-legal language the layman can easily understand. Every page reflects the experience and expertise of Mr. Farber, a well-known and highly respected theatrical attorney." Library Journal
Read More Show Less

Product Details

  • ISBN-13: 9780879101145
  • Publisher: Limelight Editions
  • Publication date: 7/28/2004
  • Edition description: Older Edition
  • Edition number: 4
  • Pages: 182
  • Product dimensions: 5.49 (w) x 8.42 (h) x 0.61 (d)

Table of Contents

Preface to the Fourth Edition xi
Acknowledgments xiii
Introduction xv
1 Optioning a Property 3
Warranties and Representations 4
Length of the Option 4
Option Cost 5
Play Cost (Royalties) 6
What the Option Buys 7
What an Option Conditionally Buys 8
Right to Tour 8
English Production 10
Right to Move to Broadway 11
Subsidiary Rights 11
Billing Credits 15
Billing Box 17
House Seats 17
Authors' Approvals 17
Arbitration 18
Assignability of Option 18
Option of First Refusal 19
Buyer's Market 19
Adaptations 20
Merger of Rights 20
Basic Work-Copyright Ownership 21
Royalties for Basic Work 21
Basic Work Option Fee (Adaptations) 22
The Adaptor 22
2 Co-production Agreements 25
Front Money 26
Associate Producer-Money 28
3 The Producing Company 31
Partnership or Corporation 31
Limited Liability 31
Tax Benefits 32
Corporation As a Partner 33
The Limited Partnership 34
How and What Is Limited 34
Legal Publication (Theatrical Exception) 35
Limited Partnership Agreement Form 36
Profit Sharing 36
Budget and Capitalization 37
Abandonment 38
Payment of Profits 38
Return of Profits to Company 39
Producer's Fee and Cash Office Charge 39
Bonds and Bond Deals 40
Overcalls and Loans 42
Option Provisions in Agreement 42
Termination of Partnership 42
Miscellaneous 43
4 Raising the Money 45
Budgets 45
Typical Budgets (Examples) 47
Backers' Auditions 47
The Securities and Exchange Commission 49
Filing for an Exemption 51
Offering Circular 51
The Attorney General 53
Investment Procedure 54
Starting the Company 55
5 Obtaining a Theatre 57
Advance Deposit 58
Four-Wall Contract 58
Lease or License 58
Run of the Show and Moving 59
Stop Clause 60
Payment of Rent 60
Theatre License and Rehearsals 61
Equity Requirements 61
Theatre Deposit 62
Maintenance and Concessions 62
Advertising 62
Removal at End of Run-and House Seats 63
Insurance 63
Assignability 64
Location 64
Bargaining 65
Variety of Theatres 65
6 Cast, Crew, and Personnel 67
The Director 67
Sample Breakdown of Fees 69
The Cast 70
The Actors' Equity Association Contract 70
The Stage Manager 72
Set, Costume, and Lighting Designs 73
Press Agent 75
Advertising Agency 76
General Manager 76
Company Manager 77
Accountants and Accountings 78
Attorney 79
7 Musicals 81
Original Cast Album 82
Publisher 83
Musicians 84
Arrangements and Music Preparation 84
Choreographer 85
Musical Director 86
8 Rehearsals, Open, Run, or Close 87
Rehearsals 88
Previews 88
Opening Night 89
Reviews 89
Party 90
After Opening Night 90
Scaling the House, Twofers, Discount Tickets 93
Middle Theatres in New York 94
9 Repertories, Children's Theatre, and Off-Off-Broadway 97
Repertory Company 97
Children's Theatre 98
Off-Off-Broadway 99
10 Vitally Important Odds and End 103
The Art of Negotiation 103
Conflicts of Interest 106
Package Deals 107
The League of Off-Broadway Theatres and Producers 107
Ethics-Honesty 108
Good Producing 109
Appendices 111
Appendix A Option Agreement 113
Appendix B Co-Production Agreement 127
Appendix C Budget for a Musical 137
Budget for a Musical Review (Cabaret) 145
Appendix D Offering Circular 151
Appendix E Budget for a Middle Theatre 177
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