Word: jujamcyn
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Dates: during 1990-1999
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...Livent uses profits from long-running road companies to finance new works, which may run a year or more in cities like Toronto before going to New York. Broadway thus becomes just one cog in a worldwide theatrical engine. Other theater powers are following suit. Two weeks ago, the Jujamcyn chain of Broadway theaters joined with Pace Theatrical Group, a presenter of national tours, to combine production and distribution operations on the Livent model...
...products. From now until the May 3 cutoff for Tony nominations, at least six new plays are planned, including yet another by McNally. Still, opening-night mortality rates being what they are, theater pros know better than to predict a resurgence of plays on Broadway. "Two or three," says Jujamcyn Theaters president Rocco Landesman, "would be an avalanche...
...producers profess only delight. Says Rocco Landesman, president of the Jujamcyn theater-ownership group that is co-financing and housing Millennium and Perestroika: "When we look back on this in five or 10 years, we are not going to remember our exasperation at the script coming in late or how much money it cost. We are going to remember that we are the producers of Angels in America, the most important play in a generation...
Fortunately for everyone, the Dodgers and their colleagues made four inspired decisions. One had to do with money, lavishly and well spent. Says Rocco Landesman, a Dodger partner who is also president of the Jujamcyn theater chain, which owns the Martin Beck: "We believe this is the most expensive revival in history. We spent $5 million because we approached the show as if it were new material...
Following Spider Woman will be works by, among others, songwriters Marvin Hamlisch and Jimmy Webb, novelist Erica Jong and playwrights Arthur Kopit, Marsha Norman and Peter Stone. Financial backers include Capital Cities/ABC, Columbia Artists Management and Jujamcyn, which owns five Broadway theaters. Investors have provided about a fourth of the first year's $10 million budget, with the balance projected to be earned in ticket sales, program advertising and merchandising...