Production to restart on financially troubled show
Marvel Comics characters never stay dead — and neither will tuner “Spider-Man, Turn Off the Dark.”
Word among legiters has it that production on the troubled musical will start up again Wednesday with a call to resume work on the show, which has been halted since early August due to what producers call a cash-flow problem.
The industry had recently been hearing that “Spider-Man” could possibly pick up sometime this week or next, although no official confirmation has been issued by producers or the show’s reps.
It’s also rumored that the production isn’t quite out of the financial woods yet. Not everyone who was working on “Spider-Man” has been called back to work, it’s said, which some point to as an indication that while producers have gotten hold of some of the cash needed to capitalize the massive tuner, not all of it has yet been secured.
The forward momentum on the project is apparently unrelated to the recent announcement that Disney intends to acquire Marvel — a $4 billion deal that will not be finalized for some time.
The stoppage last month halted the extensive construction and prep work needed to stage the technically ambitious show, both in the scene shop and at the Hilton Theater, the Broadway venue skedded to house “Spider-Man.”
Hello Entertainment/David Garfinkle, Martin McCallum, Marvel Entertainment and Sony Pictures Entertainment lead the producing team of the mega-budget spectacle. Capitalization costs are estimated at north of $35 million.
So far there’s been no indication of what the month-long delay in production will do to the proposed timeline for “Spider-Man,” which for now remains skedded to begin perfs Feb. 25 ahead of a March opening.