249 - Answering 10 FAQs on Broadway Investing
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About this episode:
Before I crowdfunded Godspell, I had a thesis.
“There are thousands of people out there who would love to invest in Broadway shows . . . they just don’t know how to do it, or who to talk to.”
Sure enough, when we announced our plans for Godspell, thousands of leads poured in. In between placing all those return calls I remember thinking, “Huh, will you look at that . . . I got this one right.”
Of course, not all those people invested (in the end we had about 750 investors), but thousands expressed interest and proved my thesis correct.
And all those thousands of people had questions.
Five years later, people still have questions about investing in Broadway shows. As I’ve spoken to more and more potential investors, I’ve noticed that many of the questions are the same.
That’s why I’ve created this FAQ for Broadway Investing. So whether you’re a potential Broadway Investor looking to dip your toes into our theatrical waters, or whether you’re a Producer looking to raise money for your show, I think you’ll find these Qs and their appropriate As helpful.
Referenced in this episode:
The TheaterMakers Facebook Group: www.facebook.com/groups/theatermakersstudio
Continue the conversation: www.instagram.com/kendavenportbway
The Producer's Perspective: www.theproducersperspetive.com
About the podcast:
After 6 years of podcasting with one style, we're shaking it up here - no guests! Just me! I'm giving you micro-episodes with my perspective on Broadway and the comeback on Broadway.
About me:
Ken Davenport is a Tony Award-winning Broadway producer and writer whose credits include Once On This Island (Tony Award), Gettin’ the Band Back Together, The Play that Goes Wrong, Groundhog Day (Tony nomination), Deaf West Theatre’s Spring Awakening (Tony nomination), It’s Only a Play, Macbeth starring Alan Cumming, Godspell, Kinky Boots (Broadway - Tony Award, National Tour, Toronto, Australia, and West End), and more, including multiple Off-Broadway productions! Ken’s shows have been produced internationally in over 25 countries around the world.
He is the founder of TheaterMakersStudio.com, a one-of-a-kind "masterclass" community that provides training and inspiration from Broadway's best to writers, directors, producers and more.
Ken also serves as the Executive Producer for North America for Andrew Lloyd Webber’s Really Useful Group. Outside of theatre, he has produced award-winning content for both film and TV. Ken’s unique production and marketing style has garnered him international attention in numerous publications, including Vanity Fair and The New York Times.
Upcoming projects include Broadway Vacation, Joy the Musical, My Life In Pink, Harmony: A New Musical written by Barry Manilow and Bruce Sussman, a musical based on the life and songs of Neil Diamond, and a musical based on the life of Harry Belafonte.
Keep up with me @KenDavenportBway on Instagram.
Check out my blog for daily content: www.theproducersperspective.com
This episode was produced by Mary Dina.
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