Thursday, March 25, 2010

Public and Roundabout Change Policy in Playwrights’ Favor -

Leaders of the Public said in interviews that they were immediately altering their policy on so-called subsidiary rights to help provide “a living wage” to playwrights, who often turn to writing for film and television for their livelihood. While the Public previously took an average of 10 percent of royalties for productions mounted over a 10-year period, it will now forgo that percentage until playwrights earn $75,000 in royalties from runs elsewhere. The policy change will mean a loss of at least $100,000 in annual income for the Public, which has an operating budget of $19 million. “The playwright needs the money more than the Public does,” said Oskar Eustis, the Public’s artistic director.

4:20 PM