You are not signed in. Sign in.
Authors: Donald C. Farber
ISBN-13: 9780879101145, ISBN-10: 0879101148
Format: Paperback
Publisher: Limelight Editions
Date Published: July 2004
Edition: Older Edition
"...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
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 |