Projects } TBK Capital

A Shakespeare Season at SkyCity

Pop-up Globe is the name allocated to a combination of the world’s first full-scale working replica of Shakespeare’s theatre - the second Globe, and The Pop-up Globe Theatre Company - which produces and performs popular and critically acclaimed productions of Shakespeare’s most popular masterworks.

Pop-up Globe is the name allocated to a combination of the world’s first full-scale working replica of Shakespeare’s theatre - the second Globe, and The Pop-up Globe Theatre Company - which produces and performs popular and critically acclaimed productions of Shakespeare’s most popular masterworks.

It popped up for the first time in February 2016 at Auckland’s Greys Avenue. It presented the largest festival of Shakespeare ever held in the Southern Hemisphere.

That event was anchored by the Pop-up Globe Theatre Company’s productions of Shakespeare’s famed tragedy Romeo & Juliet and the comedy Twelfth Night. The season was an unexpected hit of the Auckland summer, welcoming 100,000 attendees and was extended twice to meet extraordinary demand.

Between 2016 and 2019 Pop-up Globe hosted more than 600,000 audience members. It popped up in Auckland, Melbourne, Sydney and Perth, and earned critical and popular acclaim wherever it went including being described as ‘The best night of theatre ever’ by Australian Stage.

The Pop-up Globe brand

In 2019 the Pop-up Globe Theatre Company toured to theatres around New Zealand. The audience’s experience at a Pop-up Globe show was very different from most nights at the theatre. The house lights stayed on throughout the performance, and the action spilled off the stage and into the audience.

The fast-paced performances included singing, dancing, fights, love, lust, and rivers of blood. Stuff reviewed the performances in Christchurch as ‘epic’.

Now it returns. Opening in February 2023, Pop-up Globe will present two of Shakespeare’s most popular masterworks – the tragedy Romeo & Juliet, and the comedy Twelfth Night – both of which will be held at SkyCity Theatre.

Marketing the Event

The core target market is previous ticket buyers for Pop-up Globe performances. Many of Pop-up Globe’s fans attended multiple shows and seasons, and none have been able to experience a Pop-up Globe show for three years.

Fortuitously Pop-up Globe’s ticketing partner Eventfinda, has the email addresses, purchasing history, and their permission to contact previous ticket buyers across five seasons in New Zealand. This will be the primary marketing channel for the season.

In addition, SkyCity Theatre is generously contributing marketing assets including promotion across its databases and onsite at Sky City Auckland to support sales of the tickets for the season.

An opportunity to participate.

To assist in the production of the Event, a new Limited Partnership, named Cesario Auckland Limited & Co formed to produce and promote the event and raise the money necessary to do so. This structure provides limited liability to investors while any profits or losses are allocated to the participant directly.

The Offer is to raise $550,000 which will be allocated to the costs of rehearsal and marketing for the season. The budgeted profit over the proposed season is $441,000. Investors are allocated 45% of the profit so their expected return is $200,000 which is a 36% return on their investment. The season breaks even at 55% of tickets sold.

In the event of any losses the Limited Partnership structure allows a share of those losses to be allocated to the investors which could be offset against their other source income for that year.

Reply to this mail or call me on +64 21 902 901 for a copy of the Information Memorandum describing the Offer.

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The above investment is not an offer of financial products that requires disclosure under the Financial Markets Conduct Act 2013 (Act) and is available only to wholesale investors as defined by that Act. It is intended for distribution only to selected people to whom, under the relevant laws, it can be lawfully distributed. It cannot be distributed in any other jurisdiction, or to any other people. It is not an offer or solicitations in any jurisdiction in which such offers or solicitations are not authorised, or in which the person making such offers or solicitations are not qualified to do so, or to any person to whom it is unlawful to make such offers or solicitations. Any representation to the contrary would be unlawful. No action has been taken by any person that would permit a public offering in any jurisdiction where action for that purpose would be required.

Cheers




John Paine B.Sc., Dip BIA
TBK Capital Limited
Level 10,120 Albert Street
Auckland 1010, New Zealand
Phone +64 9 307 3257
Mobile +64 21 902 901
Email john.paine@tbkcapital.co.nz
 

 

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