Sleepless the Musical

Sleepless the Musical

Musical based on the film Sleepless in Seattle

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Security Type
Other
Categories
Other
Min Investment
$100
Location
Santa Barbara, CA
Offering Date
March 05, 2019
Expected Close Date
April 22, 2019
Target Raise
$25.00K
Deal Notes

Payment Provision: Net operating profits (that is, gross receipts in a performance week plus other sources of income such as subsidiary rights income, cast album and merchandising receipts, interest income, licensing fees for additional companies, etc., less all operating expenses) will first be paid to Investors until the they have recouped, pro rata and pari passu with one another, their aggregate investment. Following Investor recoupment, 50% of the adjusted net profits (that is, net profits less any contractual "off-the-top" net profit payments due to third parties, including but not limited to: cast salaries, union and guild charges, and orchestra salaries) derived from the presentation of the Play will be allocated to the Investors. The other 50% will be allocated to the producers.

Company Description

Since its debut in 1993, Sleepless in Seattle has earned a spot as one of the best romantic comedies of all time. Receiving both critical and commercial success, the film has grossed over $227 million dollars worldwide and is listed as one of the top-ten romantic comedies of all time by the American Film Institute (AFI). Sleepless The Musical is written by the same original story writer and screenplay co-writer as the movie, Jeff Arch. The play, which is anticipated to premier in the UK in late 2019, aims to recreate the charm, romance, and wit of the much-loved movie. The producers of Sleepless The Musical—David Shor and Michael Rose—believe the film on which the play is based is beloved by many and has become a part of the American—and worldwide—lexicon.
David Shor will be the show’s lead producer and is the Sole Member of Sleepless Musical, LLC. Through Sleepless Musical, LLC, Mr. Shor has secured the exclusive dramatic rights to develop and stage Sleepless The Musical. Sleepless Musical, LLC is working with London Management LTD, which is managed by co-producer Michael Rose, to raise additional capital for the production of the musical. The show is expected to open in late 2019 in the UK’s Theatre Royal Plymouth prior to a run in the West End of London, home to some of the most famous theatres in the world. In the future, the producers hope the musical will transfer to the U.S. as well as tour worldwide.
Sleepless The Musical includes a book written by Jeff Arch and Michael Burdette, music by Robert Scott, and lyrics by Brendan Cull. The musical is planned to be directed by Morgan Young with a set designed by Morgan Large, lighting by Tim Lutkin, video design by Ian William Galloway, costume design by Sue Simmerling, wig and hair design by Richard Mawbey, sound design by Avgustos Psillas and Terry Jardine from Autograph, and musical supervision by Larry Blank. In the UK, advertising, marketing, and graphics are planned to be overseen by Dewynters.

Key Deal Facts

Anticipated Fall 2019 opening at the Theatre Royal Plymouth in the UK prior to debuting on the West End of London, home to some of the most famous theatres in the worldi
Based on the movie Sleepless in Seattle, which grossed over $227 million worldwideii and is listed as one of the top-ten romantic comedies of all timeiii
Co-produced by industry veterans David Shor and Michael Rose

Use of Proceeds

General Working Capital: 100%

Management Team / Advisory Board Bios

David Shor - Co-Producer / Sole Member of Sleepless Musical, LLC
David Shor is the founder and CEO of The Shor Group of Companies headquartered in Santa Barbara, California. He has an extensive background in entertainment management, motion picture and live performance production, consulting, and finance. He has served as the Chief Executive of the Shor Group of Companies for over 30 years, serving startup clients as well as multinational companies across numerous industries in the U.S., Western Europe, and the Middle East. He provides leadership and management expertise in the health care, financial services, and entertainment industries.
David is the founder and CEO of David Shor Productions (DSP), headquartered in Santa Barbara, California. DSP is involved in producing live entertainment, motion picture, and television content. David is also a Principal and Managing Partner of Labrador Media Group, a company that provides financing, production, development, and distribution for filmmakers, writers, and other artists, and of Labrador Pictures, a motion picture production company.
David has also served as Executive Producer for The Flying Cranes (cirque performers), Producer for Goodman Productions (live events in Las Vegas), Producer for TJ Productions (live events), Production Adviser/Consultant for Delaware Pictures (motion pictures), and Producer for Liberty Jam Corporation (live concerts). He also represents performers, writers, filmmakers, and other entertainment professionals as manager. David produced and executive produced Dave Barry’s Complete Guide To Guys (starring John Cleese, Dave Barry, Christine Moore), We Played Marbles (documentary production), and the national tour of National Lampoon Live.

Michael Rose - Co-Producer / Manager of London Management LTD
Michael Rose has been producing for over 30 years. Productions include: Chitty Chitty Bang Bang (London Palladium, Broadway, UK Tour, Dublin, and Singapore), A Steady Rain starring Daniel Craig and Hugh Jackman (Schoenfield, Broadway) Footloose (Novello), Duke Ellington’s Sophisticated Ladies (Gielgud), Pam Gem’s Marlene (Lyric), Sweet Charity (Victoria Palace), Irving Berlin’s White Christmas the Musical (venues across the UK and Ireland), Chariots Of Fire on stage (Gielgud), Aladdin starring Lily Savage, Once (Phoenix Theatre) and Strangers on a Train (Gielgud). More recently, he helped produce Irving Berlin’s White Christmas the Musical (Dominion Theatre), Elf the Broadway Musical (Dominion), and Big the Musical (Plymouth Theatre Royal and the Bord Gais Energy Theatre, Dublin).

Deal Notes

Payment Provision: Net operating profits (that is, gross receipts in a performance week plus other sources of income such as subsidiary rights income, cast album and merchandising receipts, interest income, licensing fees for additional companies, etc., less all operating expenses) will first be paid to Investors until the they have recouped, pro rata and pari passu with one another, their aggregate investment. Following Investor recoupment, 50% of the adjusted net profits (that is, net profits less any contractual "off-the-top" net profit payments due to third parties, including but not limited to: cast salaries, union and guild charges, and orchestra salaries) derived from the presentation of the Play will be allocated to the Investors. The other 50% will be allocated to the producers.

Amount Raised : $9,490
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