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Back on track, Spider-Man musical set to open this fall

by  in Comic News Comment

Although the Spider-Man film franchise has hit a snag, it looks like the wall-crawler’s $52-million musical may at last be back on track — if still behind schedule.

The New York Post reports that Spider-Man: Turn Off the Dark, the most expensive show in Broadway history, is set to open this fall, months past its original date of March.

The ambitious musical, directed by The Lion King‘s Julie Taymor and scored by Bono and the Edge, was derailed in August by “cash-flow obstacles” that led producers to halt production while they sought more money for a budget that had ballooned from $35 million. In November, Bono’s longtime business partner Michael Cohl was brought onboard to put the show back on track.

According to the Post’s Michael Riedel, Disney is providing “a chunk” of the financing.

Spider-Man will cost about $1 million a week to produce — hundreds of thousands of dollars more than elaborate shows like Mary Poppins and West Side Story — and require the 1,700-seat Hilton Theatre to sell out for every show for four years just to break even.

Relative newcomer Reeve Carney has been cast in the lead, while Evan Rachel Wood and Alan Cumming will play Mary Jane and Green Goblin.