‘Beast’ needs boost

Disney meeting to discuss future of tuner

Disney execs meet today in Burbank to discuss the fate of Broadway’s “Beauty and the Beast.”

Alan Levey, the show’s general manager, spoke Wednesday to heads of six IATSE locals in Gotham to seek labor concessions for the troubled musical, which grossed only $312,188 last week. Tuner took in $509,036 the week before the terrorist attacks on the World Trade Center. Levey put the show’s break-even at $450,000.

The Intl. Alliance of Theatrical Stage Employees has already accepted 25% pay cuts for its members working on seven Broadway shows. “The Music Man” is the most recent addition to that list.

Asked for extended cuts

The current labor concessions are for four weeks only. In his discussion with IATSE, Levey reportedly asked for six weeks but with the stipulation that the union members would be reimbursed for any week that the show’s gross topped $450,000. IATSE heads refused to consider any concession lasting longer than four weeks.

Levey takes the case to Disney chairman and CEO Michael Eisner today.

IATSE has also opened discussions with the producers of “Proof” and “The Tale of the Allergist’s Wife” regarding possible future concessions. Last week, the two plays each grossed around $250,000, their respective break-even marks.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Legit News from Variety