Date: Wed, 01 Oct 2003 13:40:09 -0400 Subject: Re: PUPT: help on commissioning a show From: Christopher Hudert <heyhoot-AT-mindspring.com> Amy, et al, One of the things you are not concidering here is the fact that you are selling several services, all of which you should incorporate into the total cost: First there is the writing of the show. Second there is the design of the show. Third there is the building of the show. Fourth there is the ownership of the show. Time is money and all of the above incur more in time costs than in materials. However, materials ain't cheap either. You need to figure in both costs and Stephen's formula is a good place to start. When we work on a comission we approach it from several ways, being sure that they are aware of all that they are getting for their money (see above). Usually there is not enough budgeted to pay for this - especially their ownership of the puppets, sets, etc. - and so we retain ownership and lease them back to them for each production. They also must pay for repairs above normal wear and tear. This is sort of a pain, as we have to store them and since it is built for them and we are not really marketing the show to others there is little opportunity to make more money than from this one client. Another down side is the possibility that they will decide to just stop doing this show. Have to concider that in the contract too. (You are doing this with a contract I hope.) The up side is that the money still comes in on each run of the show. You might get the same results with a royalty set up - they pay you so much for each run. Another way to cost out the value is figure out the cost of the show spread over the run of the show. Your cost to them may seem like a lot of money at first, but when broken down into a per show figure - even for the first run - it starts to look economical. If there are to be extended or future runs for which they retain ownership of materials, script, etc, the cost gets even cheaper. You, on the other hand, have to look at this as the money you should be making on the show and come up with a figure that is somewhere in between and a reasonalble sum for all parties involved. This a very complex issue, but I encourage you to get everything settled up front and in writing BEFORE the prossess of building, writing, etc is underway. It is almost impossible to be a nice guy AND get what your time and efforts are worth once the project is done. This does not mean all fees must be totaled before hand - only that there will be an honest estimate of the total and that the rate for determining the uknowns be establish at the begining. Also remember that if the client has "input" to the design and such, it will add time to what you expect the creation time to be and this time is money. Be sure that it is their money and that at some point you default to the "two out of three" principle mentioned in an earlier post: You can get it fast, good, and cheap but you only get to pick two of the three. When time runs short they are left with fast and cheap but not good, or good and fat but not cheap. Oh, I could go on for a long time on this but I think you get the idea. Good luch with your project. Let us know how it (and the negotiations - without the exact figures of course) comes out. Christopher on 9/30/03 7:33 AM, Amy Weinstein at saltamontesarts-AT-hotmail.com wrote: > Dear Puppet Theater friends, > > I have been asked to give a price for a show to be commissioned and I am > unsure how to go about this. I know how I price puppets I make or a > performance of one of my own existing shows but there I'm not sure what the > best way is to figure out how much this particular new show would be. There > are also several unknowns right now but I still need to get a monetary figure. > Does anyone have any suggestions? Things I do know is that I will not retain > {quot}ownership{quot} of the show, puppets and sets. > > Thanks in advance for your help, > > Amy Weinstein > > Saltamontes Puppet Theater --- Personal replies to: Christopher Hudert <heyhoot-AT-mindspring.com> --- List replies to: puptcrit-AT-lists.village.virginia.edu --- Admin commands to: majordomo-AT-lists.village.virginia.edu --- Archives at: http://lists.village.virginia.edu/~spoons
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