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ENTERTAINMENT NEWS
- New York Post
October 22, 1999
There were plenty of rumblings on Broadway this week about a chunk of money falling out of the upcoming dance musical "Swing." But the producers of the show, set to open next month at the St. James, insist the entire $5.6 million is in the bank. "The show is absolutely fine," said producer Richard Frankel. "We are simply looking to sell off some of our investment." He wouldn't say how much, but sources put the figure at $1.5 million. Production sources say Frankel was in a pinch because PACE Theatrical - producer of "Jekyll & Hyde" - reduced its investment from more than $1 million to just $250,000. Said Frankel: "There are always discussions about the amount of money people are going to put in a show. When they finally sign a contract, you live with the amount they've given you." Miles Wilkin, the head of PACE, said: "We saw a workshop of the show and we invested what we thought was appropriate."
