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August 14, 2014

For just $10K, you can be Broadway producer

  • Unlike crowdsourcing sites, investors will get equity in a Broadway show and some of the perks — and risk — that go along with that.
    AP Drama Writer

    NEW YORK — The lead producers behind the 1940s song-and-dance Broadway revival of “On the Town” are offering a modern twist for its financing: accredited folk can buy a part of it for as little as $10,000.

    Producers Howard and Janet Kagan hope their creation of a new online investment site will attract people who want to invest in the $8.5 million show and maybe stick around to infuse the ranks of Broadway producers with new blood.

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