NEW YORK: Broadway licensing has acquired Playwrights play service (DPS), as announced last month. DPS will continue to serve plays and playwrights, and Broadway Licensing will be the new home for DPS ‘musicals.
“Dramatists Play Service is in every way one of the jewels in the crown of theatrical licensing and publishing,” said Sean Cercone, President and CEO of Broadway Licensing, in a statement. “I couldn’t be more proud to welcome DPS to the Broadway Licensing family, and I look forward to the future and the huge impact our collective team will have on the industry.”
The first acquisition in this new company is that of Keenan Scott II Thoughts of a colored man, the first production announced for the Broadway season after the shutdown.
To ensure the DPS banner remains an important brand in the industry, Broadway Licensing has set up a $ 2.5 million New Works fund to acquire rights, commission and develop new works . Broadway Licensing has also established Stageworks Productions, an in-house content development division that works with interested authors and underlying rights holders to create new copyrights in the writers’ work.
Eventually, Broadway Licensing agreed to form a three-person advisory board to discuss opportunities for new authors and underlying rightsholders. Members of the opening committee are the playwrights Lynn Nottage and Branden Jacobs-Jenkins as well as the librettist and copywriter Michael Korie.
Dramatists Play Service, Inc. was founded in 1936 by a number of prominent playwrights and theater agents to promote national opportunities for playwrights by publishing affordable editions of their plays and managing performing rights for those works. Broadway Licensing is a full-service theater licensing partner specializing in the development, production and worldwide distribution of new and established theater properties, working with writers, agents and producers at the intersection of art and commerce.
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