How much do Broadway stars get paid?
Now, let’s talk about those factors in more detail. The length of the show’s run is a big factor in how much actors make. A show that runs for a long time will obviously give actors more opportunities to earn money. On the other hand, a show that closes early will only give actors a few weeks or months of work.
The type of contract an actor has also plays a role in their earnings. There are different types of contracts, and each one has a different salary. For example, an actor with a “principal” contract will make more than an actor with a “swing” contract. “Principal” actors are the main actors in the show, while “swing” actors are understudies who can fill in for any of the main actors.
Of course, there are also a few things that can impact an actor’s earnings, such as whether they are a member of Actors’ Equity Association and the amount of royalties they earn. Actors’ Equity Association is a labor union that represents actors and stage managers. It negotiates contracts and sets minimum wages. Royalty payments are a percentage of the show’s profits that are paid to the authors, composers, and lyricists. These payments can be a significant source of income for actors, especially if the show is a hit.
In addition to salary, many actors also receive benefits, such as health insurance and paid time off. Some actors may even receive a signing bonus when they are cast in a Broadway show.
All in all, Broadway actors make a decent living, especially those who are in popular, long-running shows. And for those who become stars, the sky’s the limit.
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