This is a straightforward guide to the contemporary theater business on and off Broadway. Stage Money is a groundbreaking guide to understanding professional theater finances today through the use of the tools and metaphors of the business world at large. This approach results in a comprehensive picture of the ecomic realities of theater production that is radically different from the assessments typically espoused elsewhere. Tim Donahue and Jim Patterson combine their experiences in the financial and creative aspects of theater production to present in straightforward prose their keen insights into the micro- and macro-ecomic aspects of the commercial stage. Tangible data, charts, and graphs are counterbalanced with illuminating 'intermissions' between chapters and interspersed sidebars throughout to provide specific examples of key concepts, collectively presenting an expansive overview of the contemporary theater business. Stage Money is an unparalleled tool for theater professionals and enthusiasts interested in garnering a better understanding of the business's inner workings at present and its challenges for the future. Among the topics addressed in Stage Money are the risks and returns on Broadway in the early twenty-first century, the financial organization of theater performances today, and comparisons between the business models of commercial theater and t-for-profit theater. In concise language and clear examples, the authors explain where the money comes from and where it goes.
Tim Donahue holds an M.B.A. from the University of South Carolina, where he recently retired from the Department of Theatre and Dance as the director of marketing and development after nearly ten years. Jim Patterson is the author of Stage Directing and the coauthor of Theatre in the Secondary School Classroom and the seventh and eighth editions of The Enjoyment of Theatre. Patterson retired as a Distinguished Professor of Theatre from the University of South Carolina. A member of the Stage Directors and Choreographers Society, he has earned numerous awards for his work as a director and educator.