Article in the Daily Mail (UK) today, about Lord of The Rings (opening in Drury Lane in a few weeks).
Apparently it has got 'state of the art' sets, mechanicals, sound etc etc and is budgeted at 'only' $15 million.
I haven't heard of any musicals to date, topping $15 million.
$50 milion is nonsense; too much of a risk (for a musical), and too long to recoup.
In regards to producer fees, I have absolutely no idea what top producers can currently charge, but $200 million to produce Bat 3 is absolute nonsense (for a start Meat or the record company would not have made any money).
I've read recently that Rodney Jerkins can command up to $100,000 per track, and Scott Storch $40-50,000 per track.
I would think Jim is one of the most expensive producers in the world, and I would guess he was offered anywhere between $1-2million to produce Bat 3 (depending on how many songs), with maybe a percentage deal on sales as well?
> > I imagine there are quite a few 'theatre people' willing
> > to invest in 'Bat Out of Hell', but Jim probably
> > wants/needs $15-20 million??
>
> Based on what Jim's described, there are not many unknown
> producers who would pull a show off like this. It would
> have to be someone big like Cameron Mackintosh, Really
> Useful Group, Disney Theatricals or Cirque Du Soleil.
> Actually, when Jim first announced the project I
> immediately thought Cirque were the producers.
>
> Based on what Jim's described, I wouldn't be surprised if
> this is the most expensive stage-spectacle ever attempted
> yet. I'm not talking a paltry $20 million, but something
> like Hollywood, $50-$70 million. It's not impossible.
> Besides, wasn't Jim offered $200 million for record
> producer on BAT III? Or was that a silly story someone
> told me?
>
> As for the "Batman" songlist, YES, PLEASE!!
>
>
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