Quiz One Flashcards
Factors determining where to place a theatre
Audience Potential (1-3%) Transportation Local Media Local Organizations Local Economy Weather Local Attitudes
Divisions of Labor (commercial & non-profit)
Leadership
- c: producer
- np: board of directors
Management
- c: general manager & theatre owner
- np: artistic director & managing director
Staff
- administrative
- production
- artistic
Copyright definition
the right to copy
Public domain
after copyright expires, work moves into public domain- able to be used by all
no standard rule for determining when copyright expires and becomes public domain
Copyright on original work
approved production contract through the Dramatists Guild, works out who has rights, who gets royalties, protects the playwright and their rights during rehearsal/casting process
liscencing
license holder has secured the performance rights to a play or musical
- Dramatists Play Service
- Samuel French Inc.
- Musical Theatre International (MTI)
- Rogers and Hammerstein Theatricals (R&H)
- Tams Witmark
- Americal Society of Composers, Authors, and Publishers (ASCAP)
- Broadcast Music Inc (BMI)
Royalty and how it’s determined
money the playwright receives for their work
charges determined by when you’re performing, how many performances, and what you’re charging for tickets
Fair use
ability to use materials without paying their royalty
determined by:
-purpose/character of the use (commercial or non-profit)
-nature of copyrighted work
-amount of document used
the effect of the use on the potential market for the work
Four wall agreement
given a building with no personnel or equipment
stop clause
amount agreed to in license (time clause) if show fails to reach a certain amount based on gross weekly box office they can pull out of their lease without any fines or negative repercussions
Organization- sole proprietor
single person, greatest risk & reward
organization- corporation
a legal entity to protect assets of individuals, perpetual existence
limited risk, high start up cost
Organization- general partnership/ joint venture
sole proprietorship with many people
quick to assemble,
Organization- limited partnership agreement
General partner
-producer, assumes all control and legal risks, must repay limited partners before profits are split, gets 50% profits
Limited partners
-investors (100% of money, 50% profits), only risking capital, contributes a specific amount of money (10% share = 5% profits)
Organization- limited liability company (LLC)
- allows for standing as legal entity; members aren’t personally liable for losses
- varying amounts of investments by members
- varying amounts of distributing profits
- avoids double taxation (corporate & individual taxing)