The
Theatre |
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Total capacity |
2200 |
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Groundlings - Yard |
1100 |
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Gallery/yard average 3/2
- To allow for occupancy, see below |
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Gallery |
770 |
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Seats |
330 |
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Entrance (in decimal new
pence) |
0.42 |
|
decimal equivalent of |
|
1 |
old pence |
Everyone pays this penny |
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Gallery (in decimal new pence) |
0.42 |
|
decimal equivalent of |
|
1 |
old pence |
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Seating (in decimal new pence) |
0.42 |
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decimal equivalent of |
|
1 |
old pence |
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Cushion (in decimal new pence) |
0.42 |
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decimal equivalent of |
|
1 |
old pence |
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Ale, oranges, pies (net in
decimal new pence) |
0.83 |
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decimal equivalent of |
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2 |
old pence |
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Take up of cushions and extras |
20.00% |
|
a % factor for the number of playwatchers spending a
bit on extras. The one I twisted to get exactly £20. |
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Occupancy |
55% |
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Overall rate of occupancy
- houses tended to be full for popular titles |
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Income from theatre
performance |
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Tickets |
£8.32 |
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http://pix.leadbetter.org/d-day-2014 |
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Extras |
£1.51 |
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Total |
£9.83 |
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Total tickets sold |
278,300 |
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Performances per year |
230 |
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200 - 230 used by Gurr
and Forse |
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Court performances |
12 |
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Charge for court performances |
20 |
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Income from court performance |
240 |
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About £20 per
performance. There is a receipt for £103 for playing Hampton Court in 1603 |
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Income from public
performances |
£2,261.19 |
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Total income from performance |
£2,501.19 |
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Income from publications and
other sources |
20 |
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Plays sold to printers |
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Total Income |
£2,541.19 |
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Fixed costs |
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Rent |
160.42 |
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Half the take from the
galleries. |
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Establishment |
100 |
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Other fixed costs
associated with leases, rents, legal overheads |
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Wardrobe and Props |
200 |
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Total Fixed costs |
460.42 |
|
These are high but this
is the part of a business plan where everyone underestimates. |
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Variable costs |
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Number of jobbing actors on
payroll |
10 |
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Number of backstage hands |
6 |
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Lead actors salaries |
£254.12 |
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Based on 1/ |
50 |
th of the gross, for
simplicity of calculation and |
5 |
actors |
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Jobbing actor's salaries |
£290.40 |
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rate per performance |
12 |
old pence |
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Backstage salaries |
£110.40 |
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rate per performance |
8 |
old pence |
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Extras salaries |
£110.40 |
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equal to backstage
employee costs |
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Number of new plays
commissioned |
15 |
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Ticket premium of 1d on
new plays |
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Performing rights |
£105.00 |
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Money paid for new plays |
7% |
of plays are new plays |
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Taxes,
bribes, grease |
£30.00 |
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Registration fees |
£30.00 |
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Money taken by The Master
of the Revels and anyone else |
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Other,
playbills, printing mrketing |
£100.00 |
|
Again high, but again
realistic, 15% the variable costs are unspecific |
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Total variable costs |
£1,030.32 |
|
On the basis of 230
performance per year, this gives an all-up cost of |
£6.48 |
Gurr and Forse use a
figure of £2.00 |
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Available for sharing |
£1,050.45
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Shares for sharers and lead
actors |
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Burbage Brothers (each) |
£262.61 |
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50 % shared between them,
possibly equally |
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Other Stakeholders |
£420.18 |
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Shakespeare |
£105.05 |
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Will's one tenth share |
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Shareholders total |
£1,050.45 |
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Annual nett profit |
£- |
|
This is an increasing
popular modern method of avoiding corporation tax. Share all the money out,
after investment requirements, and there's no profit. |
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The Globe |
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Total capacity |
3000 |
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Groundlings - Yard |
1200 |
|
Gallery/yard average 3/2
- To allow for occupancy, see below |
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|
Gallery |
1200 |
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Seats |
500 |
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Private Boxes |
100 |
|
Choose your number for
the upper crust element of the audience |
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Entrance (in decimal new
pence) |
0.42 |
|
decimal equivalent of |
|
1 |
old pence |
Everyone pays this penny |
|
|
|
|
|
|
|
|
Gallery (in decimal new pence) |
0.42 |
|
decimal equivalent of |
|
1 |
old pence |
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|
Seating (in decimal new pence) |
0.42 |
|
decimal equivalent of |
|
1 |
old pence |
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Private Boxes |
2.50 |
|
decimal equivalent of |
|
6 |
old pence |
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Cushion (in decimal new pence) |
0.42 |
|
decimal equivalent of |
|
1 |
old pence |
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|
Ale, oranges, pies (net in
decimal new pence) |
0.83 |
|
decimal equivalent of |
|
2 |
old pence |
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|
Take up of cushions and
extras |
30.00% |
|
a % factor for the number of playwatchers spending a
bit more. |
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|
Occupancy |
60% |
|
Overall rate of
occupancy - houses tended to be full for Will's plays, 'scarce defraying the cost' for others. But it was the
most popular entertainment in Europe at the time. |
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Income from theatre
performance |
|
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Tickets |
£14.25 |
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Extras |
£2.55 |
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Total |
£16.80 |
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Performances per year |
200 |
|
200-230 used by Gurr and Forse |
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Court performances |
15 |
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|
Charge for court performances |
20 |
|
About £20 per
performance. There is a receipt for £103 for playing Hampton Court in 1603 |
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|
Income from court performance |
300 |
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Income from public
performances |
£3,465.00 |
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Total income from performance |
£3,765.00 |
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Income from publications |
10 |
|
Plays sold to printers |
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Total Income |
£3,775.00 |
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Fixed costs |
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Half the Gallery income |
250 |
|
Rent. Housekeeper's
income. |
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Theatre and Buildings |
250 |
|
Other fixed costs
associated with leases, rents, legal overheads |
|
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|
Wardrobe and Props |
400 |
|
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Total Fixed costs |
650 |
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Variable costs |
|
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|
Number of jobbing actors on
payroll |
10 |
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|
Number of backstage hands |
6 |
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|
Leading actors shares |
£377.50 |
|
Based on 1/ |
50 |
th of the gross, for
simplicity of calculation and |
5 |
actors |
|
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|
|
Jobbing actor's salaries |
£240.00 |
|
rate per performance |
12 |
old pence |
|
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|
Backstage salaries |
£72.00 |
|
rate per performance |
6 |
old pence |
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|
Extras salaries |
£72.00 |
|
equal to backstage
employee costs |
|
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|
Number of new plays
commissioned |
15 |
|
Ticket premium of 1d on
new plays |
|
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|
|
|
|
|
|
|
|
|
Performing rights |
£225.00 |
|
Money paid for new plays |
|
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|
|
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|
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|
Taxes,
bribes, grease |
£30.00 |
|
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|
|
|
|
|
|
|
|
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|
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|
Registration fees |
£40.00 |
|
Money taken by The
Master of the Revels and anyone else |
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|
|
|
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|
Other |
£50.00 |
|
Again high, but again
realistic, half the variable costs are unspecific |
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|
Total variable costs |
£1,121.50 |
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Available for sharing |
£2,003.50 |
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Shares for sharers and lead
actors |
|
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|
|
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|
|
|
|
|
|
|
|
Burbage Brothers (each) |
£500.88 |
|
50 % shared between
them, possibly equally but Richard's brother may have been the one with
business acumen |
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|
Other stakeholders (each) |
£166.96 |
|
One twelfth shares, of
which Will held one |
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Housekeeper's share |
£50.00 |
|
Half the gallery was
paid to the five housekeepers which included Will. Not included in total |
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|
Shakespeare |
£166.96 |
|
After 1594, the Globe is
rebuilt and Will's share increases as he becomes a householder. See Note 1 |
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|
Total Variable costs |
£2,003.50 |
|
On the basis of 230
performance per year, this gives an all-up cost of |
£7.70 |
Gurr and Forse use a
figure of £2.00 |
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|
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|
|
|
|
|
|
|
Annual nett profit |
£- |
|
This is an increasing
popular modern method of avoiding corporation tax. Share all the money out,
after investment requirements, and there's no profit. |
|
|
|
|
|
The Blackfriars |
|
|
A lot of theater historians now
think that the King's Men weren't actually able to start playing regularly in
the Blackfriars until the second half of 1610, despite having signed the
lease in August 1608. |
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|
Total capacity |
610 |
|
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|
The stalls |
300 |
|
Capacity varies from
600-1000 |
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|
Gallery |
300 |
|
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|
|
|
|
|
|
|
Stage seating |
10 |
|
Choose your number for
the upper crust element of the audience |
|
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|
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|
|
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|
100 |
|
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|
|
Entrance (in decimal new
pence) |
2.50 |
p |
decimal equivalent of |
|
6 |
old pence |
Entry costs
significantly higher. |
|
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|
|
|
|
|
Gallery (in decimal new pence) |
3.33 |
p |
decimal equivalent of |
|
8 |
old pence |
|
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|
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|
|
Stage Seating (in decimal new pence) |
10.00 |
p |
decimal equivalent of |
|
24 |
old pence |
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|
Cushion (in decimal new pence) |
0.42 |
p |
decimal equivalent of |
|
1 |
old pence |
|
|
|
|
|
|
|
|
|
|
Ale, oranges, pies (net in
decimal new pence) |
0.83 |
p |
decimal equivalent of |
|
2 |
old pence |
|
|
|
|
|
|
|
|
|
|
Take up of cushions and
extras |
10.00% |
|
a % factor for the number of playwatchers spending a
bit more. |
|
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|
|
|
|
|
|
|
|
Occupancy |
85% |
|
Overall rate of
occupancy - houses tended to be full for Will's plays, 'scarce defraying the
cost' for others. But it was the most popular entertainment in Europe at the
time. |
|
|
|
|
|
Blackfriars rates of
occupancy may have been higher if some of the claims of its profitability are
accurate |
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|
Income from theatre
performance |
|
|
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|
|
|
|
|
|
|
|
|
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|
Tickets |
£15.73 |
|
|
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|
|
|
|
|
|
|
|
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|
Extras |
£5.19 |
|
|
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|
|
|
|
|
|
|
|
|
|
|
Total |
£20.91 |
|
There is some evidence
that a single performance could generate a sharer's income of £13.00 |
|
|
|
|
|
|
|
|
|
|
|
which would require an
income, per performance, based on these figures of |
£25.64 |
18% |
below 33% represents a
close estimate with the current margin for error |
|
Performances per year |
200 |
|
200-230 used by Gurr and Forse |

|
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|
Court performances |
15 |
|
|
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Charge for court performances |
20 |
|
About £20 per
performance. There is a receipt for £103 for playing Hampton Court in 1603 |
|
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|
|
|
|
Income from court performance |
300 |
|
|
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|
|
|
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|
|
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|
Income from public
performances |
£4,182.21 |
|
|
|
|
|
|
|
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|
|
|
|
|
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|
Total income from performance |
£4,482.21 |
|
|
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|
|
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|
|
|
|
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|
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|
|
|
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|
Income from publications |
10 |
|
Plays sold to printers |
|
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|
|
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|
|
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|
|
|
|
|
|
Total Income |
£4,492.21 |
|
|
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Fixed costs |
|
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|
Half the Gallery income |
375 |
|
Rent. Housekeeper's
income. |
|
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|
Theatre and Buildings |
250 |
|
Other fixed costs
associated with leases, rents, legal overheads |
|
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|
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|
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|
Wardrobe and Props |
400 |
|
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Total Fixed costs |
650 |
|
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Variable costs |
|
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Lighting |
£166.67 |
200 |
candles per peformance at |
|
1 |
d each |
£0.83 |
per performance |
|
|
|
|
|
|
|
Musicians |
50 |
5 |
musicians |
|
12 |
d each |
£10.00 |
p.a. each musician |
|
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|
|
|
|
Number of jobbing actors on
payroll |
10 |
|
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|
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|
Number of backstage hands |
8 |
|
More backstage activity
for new effects |
|
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|
|
|
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|
Leading actors shares |
£239.58 |
|
Based on 1/ |
50 |
th of the gross, for
simplicity of calculation and |
5 |
actors |
|
|
|
|
|
|
Jobbing actor's salaries |
£240.00 |
|
rate per performance |
12 |
old pence |
|
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|
Backstage salaries |
£96.00 |
|
rate per performance |
6 |
old pence |
|
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Extras salaries |
£96.00 |
|
equal to backstage
employee costs |
|
|
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|
Number of new plays
commissioned |
15 |
|
Ticket premium of 1d on
new plays |
|
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Performing rights |
£225.00 |
|
Money paid for new plays |
|
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|
Taxes,
bribes, grease |
£50.00 |
|
Includes £20 to rent
Paul's theatre and keep it shut |
|
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Registration fees |
£40.00 |
|
Money taken by The
Master of the Revels and anyone else |
|
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Other |
£250.00 |
|
Again high. |
|
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|
Total variable costs |
£1,251.58 |
|
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|
Available for sharing |
£2,590.63 |
|
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Shares for sharers and lead
actors |
|
|
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|
|
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|
Burbage Brothers (each) |
£647.66 |
|
50 % shared between them
reflecting the additional equity created by the £600 purchase in 1596 by the
Burbages |
|
|
|
|
|
|
Other stakeholders (each) |
£323.83 |
|
50% shared between other
four shareholders |
|
|
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|
|
|
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|
Housekeeper's share |
£62.50 |
|
Half the gallery was
paid to the six housekeepers which included Will. |
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|
Shakespeare |
£386.33 |
|
After 1594, the Globe is
rebuilt and Will's share increases as he becomes a householder. See Note 1 |
|
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|
Total Dividend |
£2,590.63 |
|
On the basis of 230
performance per year, this gives an all-up cost of |
£8.27 |
Gurr and Forse use a
figure of £2.00 |
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Annual nett profit |
£- |
|
This is an increasing
popular modern method of avoiding corporation tax. Share all the money out,
after investment requirements, and there's no profit. |
|
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|
Variables
in calculations can be changed here. |
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|
Writing Income |
|
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|
Income from V &A |
|
10 |
|
|
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|
Income from RoL |
|
20 |
|
|
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|
Subsequent editions fee |
|
2 |
|
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|
Inflation |
|
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|
Early play copyright |
|
7 |
|
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|
Late play copyright |
|
15 |
Unused in income as
current assupmtion is no payments for plays made after 1594, when he gets his
shareholding. |
|
|
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|
Early career reduction |
|
0.5 |
|
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|
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|
Earnings
reduced in 1592 (plague-related) |
|
0.25 |
1593 wiped out earnings as the
playhouses were shut throughout. The plague started the year before and ended
the year after |
|
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|
Earnings reduced in 1594 (plague-related) |
|
0.25 |
Some income
from travelling outside London was earned. These variables will reduce the
relevant year's income |
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|
Earnings reduced in 1604 (plague-related) |
|
0.5 |
Serious outbreak |
|
|
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|
Earnings reduced in 1608
(plague-related) |
|
0.7 |
Serious outbreak |
|
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|
Earnings reduced in 1609
(plague-related) |
|
0.7 |
Serious outbreak |
|
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|
% of Globe housekeeper income
retained |
|
0.4 |
|
|
|
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|
% of Blackfriars housekeeper
income retained |
|
0.4 |
|
|
|
|
|
|
|
|
|
|
|
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|
New play premium |
|
0.42 |
|
|
|
|
|
|
|
|
|
|
|
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|
% new plays |
|
0.075 |
0.03125 |
|
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|
Sanity tests |
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|
A
court case over shares. Witter tries to recover his dead wife's interest in
The Globe in 1605. She acquired it from Augustine Philips, whose share gave
him 20% of the rental income and 25% of 50% (1/8th) of the gallery income.
This produced an income of £30-£45 a year and Condell, as a gesture of
friendship, lent £50 to Ann, Augustine's widow as security on this agreement. |
The disputed share's yearly
value calculated from the numbers above plus his share of the rental income,
given in the case as £7/5/0d. |
|
£39.00 |
|
|
|
|
|
Between
1601 and 1608, Robert Keysar considers buying John Marston's share of the
Blackfriars Children Company for £100 |
Given the much smaller capacity
of the Blackfriars, purchasing Marstons' share at this value suggests an
annual income of at least £25. Will's Blackfriars income was significantly
larger since he was a housekeeper. In the numbers above, the equivalent of
Marston's share is calculated at: |
|
£23.48 |
|
|