Over the weekend we heard reports that Spiderman the musical has run into financial difficulties, meaning it may not be coming soon to Broadway after all. Spiderman, with music from none other than U2, is meant to take musicals to the next level by blending big budget special effects with the sort of musical production we’re more familiar with. Enormous investment has been put into the show with estimates ranging from $30-$45 million.

Despite being an unknown venture Spiderman is expected to generate huge ticket sales, but this new cash-flow problem doesn’t bode well. After all, there’s a recession on and Broadway certainly isn’t immune to its effects.

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