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Has Broadway's "Spider-man" musical been halted?

August 6, 2009 | 10:40 pm

Spiderman What's the deal with the upcoming "Spider-man" musical headed for Broadway?

Variety is reporting that "the extensive work being done to prep for the technically demanding show, both in the shop constructing the physical production and in the theater where 'Spider-Man' is due to bow," has been stopped this week.

The trade publication says producers of the show -- including Marvel Entertainment and Sony Pictures Entertainment -- are working to resolve "cash flow obstacles."

A representative for the show told Variety that "the production remains on track to begin previews at the Hilton Theater Feb. 25, with an opening to follow some time in March."

Directed by Julie Taymor, "Spider-man: Turn Off the Dark," features songs by Bono and The Edge and a cast that includes Evan Rachel Wood and Alan Cumming. The name of the actor playing Spider-man has not been announced yet.

The estimated budget for the musical is reported to be about $35 million, perhaps more.

Variety says some people attached to the musical have acknowledged "the funding hiccup but believe the situation will be resolved without forcing a disruption of the musical's launch."

Keep checking back with Culture Monster as this story develops.

-- David Ng

Photo credit: Sony Pictures via Bloomberg