Variety: “Spider-Man: Turn Off the Dark” — coming soon to an arena near you?
The legal settlement reached April 10 between Julie Taymor and producers of Broadway tuner “Spider-Man” not only ends months of drawn-out legal wrangling it also clears the way for the show to make a real stab at profitability, by freeing the producers to expand the title to cities in the U.S. (including Vegas), Europe or Asia.
Terms of the settlement weren’t disclosed, although it’s said helmer-designer Taymor came out just fine in the deal, and could make plenty of money should the show start ringing in coin from a web of satellite productions.
3 comments:
This show is really ridiculous. Not just because of all of the drama, but because of how much money this thing costs! The production company is loosing about .4 million dollars a week which is after spending over 60 million dollars. The show needs to tour to be able to pay for this run. Someone once told me that Spiderman needs to sell out everyday for the next ten years just to break even. I am really all for technology really breaking through on Broadway, but I do believe in better planning and practicality in shows.
I can see why this show has struggled to exist, between the extensive lawsuits and the expensive running costs! I hope this show can become a worldwide success, and that it can at least break even with the weekly running costs. I'm willing to be they'll downsize the show a little bit at least before it's finished.
Julie Taymor is definitely going to get the better end of this one. They fired her from the project so she doesn't have to deal with the humility of being a part of this thing, and now she's going to get a several figure settlement out of it. Spiderman the musical set out to make a fortune, nearly killed it's cast members and audience and now has to deal with a lawsuit because they refused to work with someone they'd already contracted with. Never fire Julie Taymor; lesson learned.
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