Feeds:
Posts
Comments

Archive for April, 2014

Census MichiganI’ve talked a lot here about the tax credit incentives for commercial theatre productions that in recent years have become more and more common. These tax breaks will likely make a difference with regard to where producers launch a tour, or do a pre-Broadway run, and this decision will subsequently have an impact on that local economy. New York State is the most recent state to get on the tax credit boat. Now that New York has entered the mix, there will be even more competition to get these shows.

Case in point: below is a link to a recent article where we see a real example of how Chicago benefited at Detroit’s expense with regard to the launch of the MOTOWN THE MUSICAL National Tour in part because of the Illinois Live Theatre Production Tax Credit Program. It’s too bad, as Detroit would have made more sense for the launch of the “MOTOWN” tour from a historical standpoint, and that city certainly could have used the jobs and economic bump.

“How Chicago lured MOTOWN THE MUSICAL away from Motor City”

Advertisements

Read Full Post »

uncle sam dollar sign bagbway in binghamton

clemens center bldgproctors

Wonderful news out of Albany yesterday, which is not something I get to say too often. No April Fool’s joke, the State Legislature approved a tax credit in the state budget for FY14-15 that will cover 25% of production-related costs for shows that tech and/or try out road tours, or pre-Broadway productions in the State of New York outside the boundaries of New York City. I first mentioned the possibility of this tax credit back in October 2013 in this post.

Below are links to several articles that cover this recent win-win for New York State and Broadway tours and pre-Broadway productions. And if it’s a success this will show, once again, how beneficial the performing arts can be to local economies. Hopefully, this will set a good example and one day a tax credit will also be considered for other sectors of the theatre industry, especially the historically and culturally significant, but vulnerable independent theatre sector in New York City where so many performers, directors, designers, managers, and producers that work on these Broadway level shows got their start.

Bravo, Albany!

THE NEW YORK TIMES

PLAYBILL

THEATERMANIA

BROADWAY WORLD

AP

amNY

SCHENECTADY GAZETTE

BUFFALO NEWS

Read Full Post »