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"Anything Goes": Regulating The Conduct Of Money-Bundling Broadway Co-Producers, David Manella
"Anything Goes": Regulating The Conduct Of Money-Bundling Broadway Co-Producers, David Manella
Kernochan Center for Law, Media, and the Arts
This Note will analyze industry concerns relating to the practice of granting above-the-title producer credit to individuals solely for contributing or bundling a share of a production’s capitalization, specifically by asking whether moneybundling Broadway co-producers are acting as unregistered broker-dealers in violation of applicable Security Exchange Commission (“SEC”) registration requirements. In Section I of this Note, I provide a history of Broadway producing models, so as to understand how today’s dominant model developed. In Section II, I unpack that model by describing the structure of theatrical investment vehicles and identifying the different types of Broadway producers. In Sections III and …