Profit Share Theatre Agreement

Book the theatre – a fixed fee for the race to the Split cash register or anything agreed between the venue and the company. I think if you accept a “PROFIT SHARE” in terms of contract law… You must be entitled to a stake in the PROFIT…. However, they may also be entitled to a share of the LOSS if this can be demonstrated?!! The share of profits should be equal to a share of the profits. As always, some co will play on the fact that some actors are so desperate to work… they simply accept that they will receive nothing! If you sell yourself, you will never get anywhere in this store. Imagine you`re asking for a garage to provide your fuel for nothing unless you make a profit this month!! Or don`t pay a plumber for his services, unless you have a good year!! Good winning equity companies should offer a contract. Maybe the CCP could provide or bind some kind of standard actor/Pro-Forma company that could be adjusted and used. I was burned and treated very well, so it`s always hard to know. Let`s just say that the biggest profits are always those companies that later decide not to share…. Please use the standard contract above as the basis for your own fringe and profit holdings. And if you have any comments about it, or if you have used it or a variant in your own shows, please let us info@redtabletheatre.com by email. This is a springboard agreement for companies that want to start best practices in their labour relations as soon as possible and is not intended to supplant the EU agreements.

The two founders of Red Table are members of the unions concerned – The Writers` Guild of Great Britain and Equity – and we recommend that each theatre group use these agreements instead as soon as possible. However, in practice, it is not always possible to conclude a comprehensive Union Treaty, particularly in smaller sites, and we believe that a contract setting out the terms of profit-sharing and the necessary work on both sides is much better than no contract at all. If you want to produce a show and create a theatre group, using the Open Book Model at least gives you the opportunity to be “open, honest and ethical” when it comes to financial management. Once the investors have received their 10% king (return on investment), the excess money is poured into a pot of profits which will then be distributed between the players and the crew. It doesn`t need to be so divided, we use a points-based system that doesn`t matter based on contributory weight, but I can talk about it more. It`s something that boils my blood. What I feel is that if you can`t afford to pay your actors expenses or anything, then don`t play.