The Opportunity
Commercial Launch
A five-week World Premiere in Leeds, Hull and London launches the theatrical property and creates the commercial foundation for potential future productions.
1. Production Expenses & Reserves
Production revenues are first applied to Production Expenses, Operating Expenses and approved reserves.
2. Recoupment of New Investor Capital
Remaining Net Profits are distributed pro rata among holders of the new Investor Participation Units until the accepted new Investor Capital has been returned. The 175 Historic Development Participation Units held by the historical investors who financed the development concerts and development of the production do not participate in this recoupment tier and receive no distributions until the new Investors have received 100% repayment.
3. Post-Recoupment Profits
Thereafter, distributable Net Profits shall be allocated:
•60% to the Investors' Profit Pool, distributed pro rata across all Investor Participation Units then outstanding.
•40% to the Producer Participation Pool.
Key Points
Investor funds are held and applied through the Lead Producers' producing entity, Greenslade Productions Ltd. The Subscription Agreement and applicable investment documents govern recoupment, reporting and investor communications.
