It looks like Spider-Man’s Broadway web wasn’t big enough to attract a wide enough audience. "Spider-Man: Turn Off the Dark,” despite its popularity, will reportedly close in New York in January and reopen in Las Vegas, the show’s producer told the Wall Street Journal.
The $75 million musical has been plagued with injuries and turmoil and is expected to make more money in its new destination. "Economically we have a greater opportunity in the Las Vegas market,” producer Jeremiah Harris said. "Over the last week we've finalized all the creative deals, and are in serious negotiations with a venue in Las Vegas." The show will reopen in January 2015, he added.
The Broadway extravaganza first opened in 2011 and has just barely been breaking even recently, a source told the news site. The musical, which is produced by Michael Cohl and Harris, had the potential to make over $1.5 million, according to research the WSJ cited from the Broadway League, but instead the play grossed $742,595.
When Harris said the show "wasn't making any money or losing any money in New York,” the theater was 75 percent full and even though it has one of the highest attendance rates for any Broadway show, it’s the most expensive show to produce in Broadway history, which requires high revenue to stay profitable.
Six actors were infamously injured during the show’s production when Spider-Man and the Green Goblin fly over the audience’s heads and over the stage. Within the first six months of the show, director Julie Taymor was fired by producers and the show was then revamped. She had originally created the show with composers Bono and the Edge from U2.
Maria Vultaggio is a reporter for the Continuous News Desk (CND), where she covers trending topics and breaking news for the International Business Times....