"Godspell" was the first crowdfunded Broadway shows. (Photo by Wendell Teodoro/WireImage)
Broadway producers have the ability to reach out to a large, untapped pool of investors, but few have taken up the option. Under the Jumpstart Our Business Startups Act, known as the JOBS Act, producers could raise up to $50 million for their shows from average Americans, rather than wealthy individuals, and separately have the ability to publicly advertise and solicit investments for their shows. But despite the easing of rules, experts say producers have held off using these fundraising methods because of still burdensome regulations, and the fact that they do not want it to seem like they need…

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