Lin-Manuel Miranda in Hamilton

Robert Deutsch-USA TODAY

In Landmark Deal, Actors Who Help Develop Broadway Hits To Get Share Of Profits

February 09, 2019 - 12:36 pm

NEW YORK (WCBS 880) – In a landmark agreement, Broadway producers have agreed to share a percentage of profits with the actors and stage managers who took part in a hit show’s development.

The new profit-sharing agreement between producers and a show’s actors and stage managers has been developing over years but hit a climax during the explosive success of “Hamilton.”

Related: 'Hamilton' Director: Musical’s Return ‘Extraordinarily Meaningful’

The initial actors who helped develop “Hamilton” publicly spoke about how they felt left out in the success of the show. It went on to become one of the biggest money-makers in Broadway history.

Eventually, a profit-sharing agreement was worked out with those actors.

Now all actors and stage managers who worked on a show during the developmental stages will split one percent of the show’s profits.

Related: Lin-Manuel Miranda Reprising Hamilton Role In Puerto Rico

It’s not much, but it is a financial boost for working actors – an acknowledgment that work by actors helped shape a show as much as the score or direction.