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Non-profits can do it. Why can’t we?

POSTED BY Ken Davenport 22 August 2010 One Comment

I’m not talking about not paying taxes.  I’m talking about subscriptions.

Could a commercial theater subscription exist?

One of the principal elements of a strong financial foundation for a not-for-profit theater is selling a season of shows through a “subscription”.  Buy 6 shows for 1 low price, but you have to do it now!  Touring “road houses” do the same.  You get cash in the bank, before you need to spend it (unless your ticketing company holds on to it), and a reassurance that a good chunk of your seats will be sold.

Broadway theaters don’t cycle several shows through its theaters per year (hopefully), so the subscription model doesn’t make sense.

But could it?

Most tri-state area musical buyers are multi-musical buyers, meaning that they see more than one show a year.  Could we sell them on three shows in advance IF the shows were happening at different times of the year?  (Subscriptions work because the time commitment is spread out – it’s not three shows in a 6 week period.)  Could the Producer of Spider-Man get together with the Producer of How to Succeed and the Producer of Love Never Dies and do a mailing over the summer with an offer for all three (the customers would need a great incentive to purchase all three – great seats is one)?

Is splitting the cost of the mailer the only upside for the Producers?  What about connecting with other brands?  “See The New Shows On Broadway!”  Is it a League sponsored initiative for all the new plays or all the new musicals?  Could there be a League subscription?  “Pick 5 shows a year for $250!”

To tell you the truth, I don’t know if it would be worth it.  It would be a heck of a lot of work and more importantly it would depend on a lot of cooperation, which might as well be a four letter word in this industry.

But in this economy, that’s a word we all need to get comfortable with, or we’re all going to be four-letter-word-ed.

Do you think there is a way to make this work?

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One Comment »

  • Richard Le Cocq said:

    I might be wading through unfamiliar territory here, but would it work if the ticketing agents like Telecharge and Ticketmaster were the promoters of this idea instead? They already have the partnerships set in place and the ability to draw people in? I know that draws the control away from the producers and the theatre again but it could be a start of feeding the concept to the public?

    The Sydney Theatre Company offers a strong subscription programme through the Season Ticket Holders offer, this allows people to secure advance tickets for six to twelves productions over the year and also entitles them to the best seats in the house, early discounts, backstage experiences, discounts for friends and a quarterly magazine. A great way to encourage loyalty, offer added value and ensure healthy ticket sales over the year in the process. I could see the Roundhouse doing this – maybe they already do!

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