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For decades roughly 80 percent of commercial Broadway productions have failed to recoup their original investments. In light of this shocking and harsh reality, how does the show go on? Tim Donahue and Jim Patterson answer this question and many others in this updated edition of their popular, straightforward guide to understanding professional theater finances and the economic realities of theater production.
This revised edition of Stage Money not only includes the latest financial information and illuminating examples of key concepts; it has been enhanced with a discussion of the stagehands' union plus a new chapter on marketing for the theater. These new elements combined with the essentials of the first edition create an expansive overview of the contemporary theater business. Stage Money is designed for theater enthusiasts and professionals interested in understanding the inner workings of this industry today and its challenges for the future.
Ken Davenport, two-time Tony Award winner, Broadway and Off Broadway theater producer, blogger, writer, and owner of Davenport Theatrical Enterprises writer, offers a foreword.
Jim Patterson (1935-2020) was Emeritus Distinguished Professor of Theatre at the University of South Carolina and the author of Stage Directing and Theatre in the Classroom: Grades 6-12 and co-author of The Enjoyment of Theatre and A Concise History of Theatre. A member of the Stage Directors and Choreographers Society, Patterson had earned numerous awards for his work as a director and educator.
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