Sorry Spidey

Julie Taymor's big-concept, bigger-budget musical Spider-Man, Turn Off the Dark is running into some significant misadventure. Michael Riedel reports that the musical, currently budgeted at a whopping $45 million, is "in chaos," of both the financial and managerial variety. The center of the problem seems to be failure of leadership on the part of producer David Garfinkle, who may be ousted by Sony and Marvel as soon as this weekend. Riedel has the whole saga of how Garfinkle, with little previous experience as a theatre producer, came to preside over what may turn out to be Broadway's most expensive musical ever. Oh and Bono and The Edge are pissed, too. You can read all the dirt here.

Now let me just say that I love a big, glitzy musical full of technical effects. Razzle-dazzle could be my middle name. But in spite of my appreciation of the flashy stuff, there's something about the idea of a 45-million dollar superhero musical that reminds me of a dude driving around hard-times Wall Street in his brand-new Maserati. It's gross. What's happened to us as theatergoers that we require this incredible level of spending to entertain us in a theater? What can you possibly put on a stage that costs 45 million, even if you're Julie Taymor? The current Broadway revival of HAIR cost an initial investment of 5.76 million, allowing it to recoup in about 6 months. It would seem that Spiderman would require years and years to break even, unless producers plan to supersize ticket prices.

I'd love to see what Taymor is plotting. But I hope she has the support to do it in a way that makes sense. The last thing we need is another Young Frankenstein, bursting with production and void of substance.