Motley Fool Money
The Business of Broadway
Feb 15, 2025
Jill Furman, an award-winning theatrical producer known for her work on Broadway hits like "Hamilton" and "In The Heights," shares her insights into the theater industry. She discusses the challenges of securing investors in a landscape where 80% of projects fail to recoup their costs. Jill delves into the balance between original productions and adaptations, emphasizing the creative process and the importance of star power. She highlights how innovative elements in musicals can resonate with audiences, while also reflecting on her selective approach to future projects.
28:34
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Producers navigate the balance between artistic vision and financial viability, often saying yes judiciously while managing investor expectations.
- Finding investors for Broadway shows is challenging, with many aware of the risks yet drawn to the passion and unique opportunities presented.
Deep dives
The Role of a Broadway Producer
A Broadway producer is responsible for overseeing the entire journey of a theatrical production, from conception to completion. This role encompasses a multitude of tasks, including raising funds, casting, and managing marketing efforts. Producers must balance supporting the artistic vision of the creative team with the financial viability of the project, often quoting that producing is about saying yes judiciously and no politely. There are various types of producers, including lead and co-producers, who contribute differently based on their financial commitments and level of involvement in the production.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
