|In a Chicago Tribune illustration, 'Hamilton' creator Lin-Manuel Miranda depicted on the $10 bill. (photo credit:Michel Miner)|
The outcome was 22 of the show's actors, some who are no longer in the show, who helped to create the show during its Off-Broadway run, will receive 1 percent of net profits from the New York production as well as .33 percent of the net profits from Chicago and all other U.S productions.
Recently an in-depth article in Bloomberg details what is probably intended to be confidential communications of how the deal was reached. It is fascinating reading and the result will likely be a rollover into shows that are expected to be the next big hit. It also adds another layer to the difficult economics of Broadway where only about a quarter of the plays and musicals turn a profit. Click the link below for the full article.
How Hamilton's Cast Got Broadway's Best Deal: Of all the prizes bestowed on Hamilton, the greatest might be the one its cast won for itself (Sept 28, 2016).
The $10 Lin-Manuel Miranda photo at top is from a Chicago Tribune from April 22, 2016 called Do Actors from 'Hamilton' deserve to be paid royalties.
|Hamilton actors during the 40th anniversary celebration of 'A Chorus Line'.|
(photo credit: Jim Spellman/WireImage)