Broadway shows don't open and close by committee vote. Each has its own producers and set of circumstances that dictate its run. Spiderman is doing great business right now and Catch Me isn't. There ya go! While Spiderman may still be losing money, the producers obviously have a lot to lose by just closing it now. Catch Me doesn't have the same producer power behind it, and if they're losing money on a regular basis, they're going to close it.
Have you seen Catch Me OP? It's a troubled show with some good performances that obviously didn't catch on with the general public. There ya go! Get the cast album (It's much better than the show) and let it live there.
"Broadway...I'll lick you yet!"