A Financial Autopsy of U2’s Spider-Man Production

November 25, 2013 Alan Cross 0 Comments 301 Views

Spider-Man: Turn Off the Dark, the most expensive stage musical in history, will close its Broadway run next month and move to Las Vegas. Vulture takes a look at where all the money went.

The Red Ink

$60,000,000: Amount Spider-Man’s investors are projected to lose.

$75,000,000: The show’s capitalization, the largest in Broadway history. No. 2 is 2008’s Shrek the Musical, which cost $25 million.

Where the Money Went (Highlights From the Budget)

$9,662,885: Sets and costumes

$4,373,375: To rent the Foxwoods Theatre for two years before performances began

$438,389: Props

There’s more. Much more.

Alan Cross

is an internationally known broadcaster, interviewer, writer, consultant, blogger and speaker. In his 40+ years in the music business, Alan has interviewed the biggest names in rock, from David Bowie and U2 to Pearl Jam and the Foo Fighters. He’s also known as a musicologist and documentarian through programs like The Ongoing History of New Music.

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