…closing on Broadway in January.
While the musical emerged to become an audience favorite, grossing roughly $1.5 million a week in ticket sales for a time, “Spider-Man” eventually lost popularity. It grossed only $742,595 last week, or 48 percent of the maximum possible amount, with about three-quarters of its seats filled at the Foxwoods Theater.
More:
While “Spider-Man” has grossed $203 million since performances began in November 2010, the musical is still a long way from paying back investors who contributed to the $75 million capitalization. Mr. Harris said he did not know how close “Spider-Man” was to recouping the money. But ticket sales sometimes barely covered the show’s weekly running costs, which exceeded $1 million, so there was relatively little profit to share with investors. Some loans also had to be paid back first.
But don’t worry: the producers are planning to move the show to Las Vegas.
In other news: “King Kong“, the musical?
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