Have you ever thought about investing in a Broadway show? Or wondered how it worked? Ever imagine what it would have been like to have been an investor in Phantom of the Opera, Wicked, or even Hamilton?
Broadway investing, while without a doubt a high risk investment, can be a fun, fulfilling and yes, even a profitable experience. That’s why I often call investing in Broadway shows, “The riskiest investment you’ll love to make.”
Despite the risks, it is possible to find and invest in shows that turn a profit if you understand the mechanics of Broadway investing and follow my simple strategies of screening your investments, which I teach in this book.
These strategies are the same methods that I use to choose my own investments, and are why I’m currently “beating the market” compared to the average success rates on Broadway, while supporting and advancing the art form I love at the same time.
In this book you’ll learn:
• The myths of Broadway investing.
• How to get started for less than you think.
• Who to talk to and where to find Broadway investment opportunities.
• How to mitigate your risk and increase your chance for profitability.
• All the perks you should get when you invest and how to get even more.
What most people don’t realize is that placing your bet on Broadway is a lot like investing in a restaurant, a piece of art, or frankly, in any entrepreneurial start-up. And if you treat Broadway like a business, do the proper due diligence, and avoid the common mistakes that many first times and seasoned investors make (which can result in quick and disappointing losses), Broadway investing can be a very rewarding experience in many ways.
The next Hamilton is out there. And we’re going to help you find it.
ABOUT THE AUTHOR
Ken is a Tony Award-winning Broadway and Off Broadway Producer.
He began his career on Broadway as a production assistant on the revival of My Fair Lady starring Richard Chamberlain while a student at NYU’s Tisch School of the Arts. Although he was an acting major, he quickly left the audition lines and began a career on the business side of Broadway, and for ten years was a company manager and general manager for many Broadway productions and National Tours including Show Boat, Candide, Ragtime, Jekyll & Hyde, Chicago, Thoroughly Modern Millie, Gypsy and more.
In 2004, he formed Davenport Theatrical Enterprises and began producing his own shows. His “first born” was The Awesome 80s Prom, which ran for 10 years, followed quickly by the Outer Critics Circle Award-Winning Best Musical Altar Boyz, and My First Time, which has been seen in over 20 countries worldwide. He was the first producer to have three shows running simultaneously Off Broadway. All three shows recouped their investment.
He returned to Broadway soon after and since then has produced Once On This Island, Groundhog Day, The Play That Goes Wrong, Deaf West’s Spring Awakening, 13, Speed The Plow, Will Ferrell’s You’re Welcome America, Blithe Spirit, Oleanna, Chinglish, Godspell, Kinky Boots, Macbeth, The Bridges of Madison County, Mothers and Sons, It’s Only A Play and The Visit, as well as Daddy Long Legs and That Bachelorette Show Off Broadway. Ken is also the Executive Producer for North America for Andrew Lloyd Webber’s Really Useful Group.
Additional producing projects include These Magnificent Miles, a documentary on one of the top unsigned rock bands in the country, The Bunny Hole, an award-winning TV pilot, and Miss Abigail’s Guide to Dating, Mating, and Marriage.
Future projects include the upcoming Gettin’ The Band Back Together, Do This, The Great White Hope, and Mass Appeal.
In addition to producing his own projects, Ken has been an Executive Producer and Consultant on many other Broadway and Off Broadway projects. If you are interested in inquiring about his services, please click here.
If you are interested in investing in one of his productions, please click here.
If you are interested in submitting a script for Ken to consider for production, please click here.
“Everything you need to know to get started investing in Broadway Shows. Ken demystifies and takes the fear out of it while showing you to how hedge your bets and actually increase your potential for making money investing in this truly unique, exciting and artistically gratifying world of Theatre.”
– Andrew H.
“Ken Davenport walks you through all the ins and outs of investing in the theater, particularly Broadway, in an easy and very conversant style. No hard nosed economics and charts, but rather a careful step-by-step explanation of the hows and whys of that end of the business. An excellent and clear primer on what is to many is a mysterious subject. Highly recommended!”
– Gary H.
“I found BROADWAY INVESTING 101 to be most interesting and accurate. This is THE book to advance theatre and producers. It is excellent.”
– Michael J.
“This easy to read and understand book provided a great overview. With a Daughter in Theater, this book gave me the ability and tools to pass on some meaningful advice for her career.”
– Scott G.