Well that's showbiz. And don't be fooled-- Raising money for ALL Broadway shows is a difficult. It's often a game of press your luck, raising money throughout the preview process to reach full capitalization (the real reason why shows often preview for so long: they legally have until opening night to raise capital). And yes it's common to gain and lose different investors during that process.
Sounds like the producers rolled the dice on this one, since a theatre was available, that they could get the funding in place in a very short time, but sometimes it just doesn't work out. And if you lose a major investor, and there isn't time to find another, it can simply be paralyzing. Doesn't mean it's a crooked situation like Rebeccca. I wish everyone involved good speed.
Updated On: 3/8/16 at 02:40 PM