Hamilton received $30 million in relief from the federal government, with the possibility of another $20 million arriving in the future, The New York Times \u2026<\/b>
\nHamilton received $30 million in relief from the federal government, with the possibility of another $20 million arriving in the future, The New York Times reported. Prior to the pandemic, \u201c Hamilton \u201d had five productions running in the U.S., according to The New York Times. Each production was eligible for $10 million per production lost from the Small Business Association\u2019s \u201cShuttered Venue Operators Grant\u201d program. Lin-Manuel Miranda\u2019s Hamilton tells the story, through rapping, of America\u2019s founding father and the first secretary of the treasury, Alexander Hamilton. Hamilton was granted the millions for two tours and one Broadway production, which totaled $30 million. It is waiting to hear back if they will be compensated $20 million for an additional two tours. \u201cRemember when Chrysler and GM were about to go bankrupt? In the same way that the federal government came in to bail out auto companies, it\u2019s doing the same thing for all of show business with this legislation,\u201d Jeffrey Seller, the show\u2019s lead producer, told The New York Times. \u201cIt\u2019s returning us to health and it\u2019s protecting the well-being of our employees.\u201d Seller told The New York Times the money would not go to the show\u2019s producers and investors or fund artists\u2019 royalties. Instead, the money will reimburse the show for pandemic-related expenses. \u201c\u2018Hamilton\u2019 has spent many millions of dollars during a time in which it was earning no income,\u201d Seller told The New York Times. \u201cOur goal is for \u2018Hamilton\u2019 to be in the same financial position it was in when we suspended operations on March 12, 2020.\u201d<\/p>\n