The New York Post’s Michael Riedel reports that the anticipated Broadway musical Spider-Man: Turn Off the Dark is on “hiatus,” because its producers—Sony, Marvel Comics and Chicago lawyer David Garfinkle—have run out of money.
The $45 million production, directed by Julie Taymor (The Lion King) and featuring music written by U2’s Bono and The Edge, would have a weekly running cost of nearly $900,000 and would need five years of sell-out shows just to break even. Even if the production did open early next year as scheduled, it would essentially never turn a profit.
It’s kind of disappointing that Turn Off the Dark probably won’t be seeing the light of day (ha!), since the idea of an over-the-top Spider-Man rock opera is just crazy enough to work. I guess we’ll all have to hold out for Hugh Jackman’s forthcoming Wolverine musical, Logan and the Amazing Adamantium Death Blades.