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Editorial

'Spider' Cents

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'Spider' Cents
In case you've been living under a rock for the past two weeks, the biggest news in the theater world is that the long-delayed "Spider-Man: Turn Off the Dark" finally began previews at the Foxwoods Theatre in New York. At an estimated cost of $65 million, the show, based on the superhero comic books, is the most expensive musical in Broadway history. We thought it might be interesting to figure out what that kind of money could buy for Back Stage readers. So here are the Top Nine Actor-Friendly Uses for the Money Spent on "Spider-Man":

$65 million could pay for all the programs of the Actors Fund nationwide for nearly two and a half years, or provide needy industry professionals with financial assistance for 26 years (according to the Actors Fund).

$65 million could wipe out the student loan debt of 2,708 actors graduating from college (assuming an average debt of $24,000, according to the Project on Student Debt).

$65 million could finance 3,611 Off-Off-Broadway shows, providing jobs for 18,055 actors, paying them a total of $4,875,000 (according to the New York Innovative Theatre Foundation).

$65 million could pay for 2,561 actors to each rent a studio apartment in Manhattan for a year (according to the Real Estate Group NY) or 4,252 actors to each rent a one-bedroom apartment in Los Angeles for a year (according to RentJungle.com).

$65 million would be enough to give $1,630 to every single professional actor in America (according to the Bureau of Labor Statistics).

$65 million could pay the basic annual dues for every member of the Screen Actors Guild for nearly four and a half years (according to SAG).

$65 million could pay the basic annual dues for every member of Actors' Equity Association for nearly 11½ years (according to
Equity).

$65 million
could pay the initiation fee and minimum dues for 39,065 actors to join the American Federation of Television and Radio Artists (according to AFTRA).

$65 million would buy combined print and online subscriptions to Back Stage ($195 per year) for 333,333 actors.   

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