The event called, “What’s the Best Broadway Can Be?” is happening on Monday, 24 February 2014 from 11:00am to 4:00pm (EST) at the World Wide Plaza, New York City.
TEDx events are known for its mission of proliferating ideas worth spreading to local communities and individuals. David Drake, founder and chairman of The Soho Loft will present in this extraordinary event. Drake, together with a power-packed list of speakers and participants and key players involved in the conceptualization, production, marketing and all other fields of the Broadway community, will take a shot in answering the question “What’s the Best Broadway Can Be?”
David Drake is an early-stage equity expert and the founder and chairman of LDJ Capital, (http://www.ldjcapital.com/
“Some real change and action on the JOBS Act are actually going to happen and impact the business world and even the Broadway scene,” says Drake. “Since the old laws were upgraded to allow the kind of public solicitation that the Internet and TV have made possible, firms and companies will be able to advertise their deals to the general public and reach out to more investors.”
The recent revival of the Broadway hit, Godspell, magnetized a pool of several investments from unaccredited investors. Ken Davenport, the producer of Godspell fondly christened these investors as the People of Godspell. This Broadway play employed the use of Regulation A in raising funds. Customarily, investing in a Broadway musical is offered to people with high capacity in investment. But many folks would love the chance to become Broadway Producers themselves, if only coming in as one was within their means. Godspell opened their doors to the crowd by letting them purchase one unit for only $100. However, a minimum purchase of 10 units is required for an investor. That’s a far cry from the traditional investing unit that range from $10,000 to $100,000. Drake believes Reg A as a DPO (direct public offering) can be considered the real crowdfunding.
Given the successful rate of many artistic projects that are finding funds through crowdfunding platforms, producers who are looking for capital will no doubt consider the crowdfunding model in staging their next show. “We are entering a new world of finance and the rest of the world will follow,” Drake adds.
More on this and the exciting intricacies and recent development of crowdfunding and the JOBS Act on the TEDxBroadway event. For more information regarding the JOBS Act and the alternative financing methods in the entertainment industry, check David Drake’s article on Forbes: Finally – Some Real Action on the JOBS Act. (http://www.forbes.com/
The other speakers:
Lea Delaria distinguished entertainer, jazz musician, Broadway diva, actor, writer and stand-up comic.
Craig Dykers founding partner of Snøhetta, an international architecture, landscape architecture and interior design office based in Oslo, Norway and New York.
Mark Fisher co-owner of Mark Fisher Fitness, one of the most successful gyms in the history of the fitness industry
Dan Gurney CEO and founder of Concert Window, a graduate of Harvard College with a B.A. in Music
Yao Huang Managing Partner at Pereg Ventures, an early stage venture capital firm, founder of the Hatchery, a venture collaboration organization.
Michael Keeler co-owner and Business Wizard of Mark Fisher Fitness, one of the most successful gyms in the history of the fitness industry and fitness home of choice for the Broadway community
Robert Lopez multiple Tony, Grammy, and Emmy award winning co-creator/composer/
Jonathan Mann writer of Mario Opera, the world’s first rock opera based on the Super Mario Bros.
Diane Paulus Artistic Director of the American Repertory Theater (A.R.T.) at Harvard University and is the 2013 recipient of the Tony Award for Best Director of a Musical.
Ainissa G. Ramirez, Ph.D. co-author of Newton’s Football (Random House) and author of Save Our Science (TED Books) based on her TED talk on improving science education.
Todd Robbins award winning performer and creative artist that has worked in many areas of popular entertainment and the performing arts during a thirty-year career.
Gabe Zichermann chair of GSummit (gsummit.com)
Check out other events by The Soho Loft or sponsored by The Soho Loft, happening all around the world: http://thesoholoft.com/
About The Soho Loft (www.thesoholoft.com)
The Soho Loft - The Voice of Capital Formation - is a global financial media company with three divisions in Corporate Communications, Publishing and Expos & Events.
TSL Corporate Communications division handles Public Relations, Investor Relations and Social Media Marketing for its clients. TSL Expos division organizes up to 200+ investor-focused conferences annually and TSL Publishing division produces financial and entrepreneurial content that is published and syndicated in 100+ leading online publications and growing.
As The Voice of Capital Formation, The Soho Loft Media Group is your global communications partner for your equity and investment strategies.
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