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Posts Tagged ‘Guarantee’

concert-promoter-settlement-sheet

I tend to keep things pretty simple here at THE ROAD 101. This blog is designed to give basic insights into the business of commercial theatre touring without being overally technical. That said, I found a useful link at Actors’ Equity Association called TOURING 102 that presents a few hypotheticals showing how a producer’s and presenter’s bottom lines are affected depending on different guarantee and gross revenue scenarios. It’s a little more advanced than what I typically get into here, but, hey, it’s good to exercise those brain cells once in a while! The Touring 102 post also gives some good, general insight into the risks and profit requirements a producer needs to consider when building and booking a tour, as well as what a presenter might generally take into consideration when creating a season.

If the lexicon is unfamiliar, you should be able to find all the tools you need right here at THE ROAD 101 to help you! Be sure to check out THE ROAD 101 Glossary for a solid list of definitions. Also, be sure to input terms into THE ROAD 101 search field, and you will likely find related posts containing the answer you are seeking.

The graphic above is a blank settlement that is actually for concerts rather than theatre, and includes some line items that are not applicable to this discussion, but does share some basic similarities with a theatre settlement and may be a helpful visual to get a sense of what a settlement looks like.

I recommend you have a calculator handy! It will help you understand better how the Touring 102 author arrived at his or her various numbers.

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