Production on SPIDER-MAN Halted Due To "Cash Flow Problem"

[Wanna Be A Foster]

Posted: 8/9/09 at 6:40pm

Production on New SPIDER-MAN Musical Temporarily Halted

Updated On: 8/9/09 at 06:40 PM

[J'aime GG]

Posted: 8/9/09 at 6:43pm

Rut-roh!

[husk_charmer]

Posted: 8/9/09 at 6:46pm

Please, please, please let this still happen.

I have never been more excited for a trainwreck.

[Scarywarhol]

Posted: 8/9/09 at 6:47pm

It's already been discussed here I think, but Riedel had plenty to say:
http://www.nypost.com/seven/08072009/entertainment/theater/spider_man_needs_rescue_183315.htm

"If that [opening on schedule] happens, I'll eat my young" is one of the better Riedelism of late.
Updated On: 8/9/09 at 06:47 PM

[CSonBroadway]

Posted: 8/9/09 at 6:49pm

It said the "halt" will not have affect on the preview date.

[GoodMorningBWW]

Posted: 8/9/09 at 6:53pm

This better happen! I have been anxiously awaiting it, good or bad.

[taylorPHENOMENON2]

Posted: 8/9/09 at 7:00pm

I'm obsessed with this, I want to hate it but I don't know..

[little_sally]

Posted: 8/9/09 at 7:08pm

I hope this does happen because I am dying to see how it pans out.

[Scarywarhol]

Posted: 8/9/09 at 7:09pm

Well it's certainly happening eventually, they've already dumped untold millions into it.

[blaxx]

Posted: 8/9/09 at 7:13pm

I actually don't know if it's guaranteed it will happen. They probably realized that at $35 million it will take them years to recoup, IF they do.

They may think it's wiser to take the loss and think things twice before trying to hit Broadway like that.

[TechEverlasting]

Posted: 8/9/09 at 7:19pm

The Ford Center/Hilton Theatre curse has gotten so bad that shows now flop there before they even start rehearsals!

[blaxx]

Posted: 8/9/09 at 7:21pm

LOL! Honestly, with that kind of production costs and numbers, I kept thinking more Vegas than Broadway, but oh well...

[BobbyBubby]

Posted: 8/9/09 at 7:26pm

That theatre is horrible. They should just put Wicked in there so I never have to set foot in there again.

[jagfkb]

Posted: 8/9/09 at 7:33pm

I know the show is big (why else wouldn't it try-out?) but why is so much theatre renovation needed? I know the flying is (supposedley) top notch, but $10 Million?

[GoodMorningBWW]

Posted: 8/9/09 at 7:35pm

They are completing redoing the Hilton to be in the round.

[fgreene1938]

Posted: 8/9/09 at 7:50pm

CASH FLOW PROBLEM: Transllation...show will tank pronto and we know it so we're cutting our losses.

[Neverandy]

Posted: 8/9/09 at 7:52pm

They're not pulling the plug but Taymor is having a meeting with the powers that be this week about costs. They requested the meeting.

[BobbyBubby]

Posted: 8/9/09 at 7:53pm

I'm amazed that they just figured out that the budget wouldn't allow them to recoup, well, ever really. Something we all called when the budget was first talked about. If Taymor is the so-called queen of ingenuity why is this costing so much if she's so inventive.

I'm also worried that the "genius" who designed the set for Mermaid is involved.

[blaxx]

Posted: 8/9/09 at 7:56pm

They are completing redoing the Hilton to be in the round

Yup, sounds like Cirque and Vegas, not Broadway.

[CSonBroadway]

Posted: 8/9/09 at 7:59pm

How much was Wicked costs? If Wicked was cheaper than this, I don't even want to know what ridiculous effects and sets they are doing.

[broadwayguy2]

Posted: 8/9/09 at 7:59pm

Taymor does what she does very well, but she stopped being 'visionary' years ago.. her daring style is still the same, so why are people still impressed? Not saying it is bad or anything. The woman also doesn.t seem to understand 'budget' and thought process. She wants to experiment, fine, but it just doesn't work, in this field, to build twelve full versions so that you can pick ONE. It requires a true mind to design a dozen and figure it out on paper THEN bring it to working life.

Also, she, like most 'high sconcept' directors, gets SO caught up in devising an out-there concept, that the sholw itself is left by the wayside and the concept is brought to the forefront. NO. The concept must serve and support the show, not vice-versa. It should never overshadow it.
Updated On: 8/9/09 at 07:59 PM

[GoodMorningBWW]

Posted: 8/9/09 at 8:01pm

How much was Wicked costs? If Wicked was cheaper than this, I don't even want to know what ridiculous effects and sets they are doing.

14 million I think. I don't get all the hype over Wicked's sets & effects because they are pretty dull.

[Neverandy]

Posted: 8/9/09 at 8:01pm

double post

Updated On: 8/9/09 at 08:01 PM

[blaxx]

Posted: 8/9/09 at 8:01pm

How much was Wicked costs? If Wicked was cheaper than this, I don't even want to know what ridiculous effects and sets they are doing.

Lol, Wicked was around 15, this is 35.

[BobbyBubby]

Posted: 8/9/09 at 8:02pm

I've heard Wicked was in the 14 million range. Because of the effects involved in Spiderman, I imagine part of its problem is weekly running costs (which have been reported to be in the unhear of million dollar range).