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Step 1
Ensure you are not violating copyright laws with your parody. You will need to do some research and discuss this with a lawyer.
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Step 2
Make your parody revolve around a minor character, and the major characters should become minor characters. Take a look at "Rosencrantz and Guildenstern are Dead" by Tom Stoppard. This play is a classic parody of "Hamlet" and is dominated by minor characters.
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Step 3
Note essential moments and memorable lines. Make sure these are also featured in your parody, and if they are serious, you should make them comic.
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Step 4
Create puns for characters' names. Make the sound of the name reflect the character's personality.
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Step 5
Use costumes, props and backstage noises (such as unexpected toilet flushes) for "gags."
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Step 6
Employ the device of ironic self-consciousness in the play. The characters should step out of character and comment on the action of the play as actors. This is a common device used in theatrical parodies and absurdist drama.
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Step 7
Involve the audience. This is another form of theatrical self-consciousness and can be unexpected and fun.









