Ending more than a year of intermittent negotiations and aborted deals that left even the presiding judge frustrated, the producers of Spider-Man: Turn Off the Dark and ousted director Julie Taymor announced today they have reached a settlement in their legal battle over copyright, royalties and credit for the most expensive show in Broadway history.
"I'm pleased to have reached an agreement and hope for the continued success of Spider-Man, both on Broadway and beyond," Taymor said in a statement. Lead producers of Michael Cohl and Jeremiah Harris offered: “We’re happy to put all this behind us. We are now looking forward to spreading Spider-Man: Turn Off the Dark in new and exciting ways around the world.”
Terms of the settlement weren't released.
Best known for her stage adaptation of Disney's The Lion King, Taymor was fired from Spider-Man in March 2011 following her resistance to making any major changes in the wake of a series of blistering reviews. A new creative team was brought in to overhaul Spider-Man — many of Taymor’s signature elements were stripped in the process — transforming it into one of the most successful, if also most expensive, productions on Broadway.