Unlocking the Secrets of Broadway Tours
Why musicians might want to understand acronyms like NAGBOR
During his appearance on the Broadway Drumming 101 Podcast, Kevin McNaughton shared valuable insights for newcomers to touring shows. The podcast covered several topics related to touring musical productions, including NAGBOR, subscription seasons, and Pamphlet B tours. If you're a musician planning to tour with a theatrical production, it's important to know more than the notes you are playing.
Net Adjusted Gross Box Office Receipts (NAGBOR) to manage their finances effectively. NAGBOR is a financial term representing the net earnings from ticket sales at the box office after adjustments for taxes, refunds, and complimentary tickets. This figure is crucial because it usually determines the profit-sharing agreement between the touring production and local theaters. Additionally, for musicians on such tours, NAGBOR can directly impact their earnings through overages, which are bonuses paid when box office receipts exceed a pre-agreed threshold. Understanding NAGBOR can help you anticipate the financial outcome of a tour.
Subscription seasons are a popular approach followed by regional theaters. In this model, audience members purchase tickets for a series of shows instead of individual performances. This practice guarantees a steady flow of revenue for the theater and creates a consistent audience base. Theaters with strong subscription sales are less risky for producers, which can lead to better conditions and potentially higher compensation for the touring parties involved.
Pamphlet B is a specific agreement that outlines the terms and conditions for touring theatrical productions. If you're a musician involved in a Pamphlet B tour, it's important to understand the agreement's details because it sets the standards for your employment conditions, including minimum salaries, travel accommodations, per diems, and health benefits. Additionally, the terms outlined in Pamphlet B give you an idea of the overall quality and organization of the tour, which helps assess the professionalism and reliability of the production company.
Subscribing to Broadway Drumming 101 ensures you'll never miss out on more insights and stories from industry professionals like Kevin McNaughton.