The production of the upcoming Broadway musical “Spider-Man: Turn Off the Dark” continues to spin a tangled web. Sources close to the producers claim that the budget has soared to $52 million—more than twice the cost of the “Lord of the Rings” musical which debuted in 2006 as one of the most expensive musicals ever – and at least $24 million is still needed to get the show off the ground.

According to The L.A. Times, if “Spider-Man: Turn Off The Dark” doesn't premiere by the end of April, the license from Marvel will expire in addition to missing the deadline to enter next year’s Tony Awards.

Despite the continuing financial peril, U2 bandmates Bono and the Edge—who collaborated on the songs for “Spider-Man”—insist that the show will still happen. "The visuals and the music are amazing, and that's what will matter," said Bono. Read more...

The beleaguered production of the Broadway musical “Spider-Man: Turn Off the Dark” has reportedly been pushed back to next spring.

According to The New York Times, the later-than-expected start is indeed due to the widely reported production shutdown on the project and continuing efforts to recruit new investors to come onboard the multimillion-dollar project.

Earlier this month, reports emerged that the production of “Spider-Man: Turn Off the Dark” was back on track thanks to two new investors, Jim Stern and Norton Herrick. However, Stern told MTV News that word of his involvement was premature at best. Read more...

There's an old saying on Broadway that "the show must go on," and while that's certainly true, the adage doesn't necessarily apply to the troubled "Spider-Man: Turn off the Dark" production quite yet.

A recent report pegged the "Spider-Man" musical as back on track thanks to two new investors joining the fray to rescue our friendly neighborhood wallcrawler from his financial woes—but according to James D. Stern, one of the two alleged investors, nothing is a certainty yet.

"Yeah, I think that it would be good if people would actually talk to me before they write that sort of thing," Stern told MTV News. "It's not really—I mean, I don't know. Whether I'm involved in it or not, I don't have any idea yet." Read more...

The status of "Spider-Man: Turn Off The Dark," the allegedly upcoming Broadway musical featuring songs from Bono and the Edge, has fluctuated between dead, struggling and almost alive for the past several weeks. Now, I think we can qualify it as mostly alive.

The Hollywood Reporter's ShowBiz 411 blog reports that "Turn off the Dark" has finally found its financial backers in the form of Jim Stern of Endgame Productions and Norton Herrick, a real estate mogul who has had previous investing success in Hollywood and on Broadway. Read more...

From a cabaret revival in California to a Broadway stage in New York City, actor Alan Cumming has a full schedule in the coming months as he prepares to play the villainous Green Goblin in the Marvel Comics musical "Spider-Man: Turn Off The Dark."

Yesterday in an interview with the Los Angeles Times Cumming verified reports from earlier this month that the musical is indeed back on track.

Cumming is set to star alongside Evan Rachel Wood in her Mary Jane Watson role when "Turn Off The Dark" reportedly premieres in February of 2010, although no further casting announcements have been made. Read more...

Less than a month ago, producers on "Spider-Man: Turn Off The Dark" confirmed to MTV News that production had suspended for the time being, but insisted that the show would go on for the planned February debut. But Bono and the Edge need not pack their instruments away just yet—Spidey's making a comeback.

According to Variety, production on "Turn Off The Dark" could resume as early as this week or as late as next week. Read more...

It's been over a month since Evan Rachel Wood and Alan Cumming were confirmed for roles in "Spider-Man: Turn Off The Dark," the Broadway mega-musical directed by Julie Taymor and featuring a score by U2's Bono and The Edge, and judging by reports today, a lot has happened since that point—very little of it good.

According to New York Post columnist Michael Riedel, Spidey's Broadway debut is quickly turning into a production nightmare, with production halted, actors released from their contracts and ticket agents scrambling to work out refunds for early ticket-buyers.

Hello Entertainment, one of the producers of "Spider-Man: Turn Off The Dark" offered the following statement to MTV News that both confirmed the report and offered a vote of confidence that the project will eventually see the stage:

"Hello Entertainment is aware of the speculation about the future of Spider-Man on Broadway and is re-confirming that the plan is to resume production shortly and preview on February 25th, 2010 at the Hilton Theatre when cash flow issues have been resolved." Read more...

With all the buzz surrounding the upcoming "Spider-Man: Turn Off the Dark," musical, comic fans might be wondering if Broadway will follow in Hollywood's footsteps and develop a healthy appetite for sequential source material. It's too early to tell whether the trend will catch on with musical buffs, but that doesn't mean the possibility hasn't crossed our minds. After all, there are scores of properties ripe for the picking. Read on to examine four franchises with the potential to make fans' hearts sing. Read more...

It's official, Spider-Man fans: Evan Rachel Wood and Alan Cumming will both be joining the cast of "Spider-Man: Turn Off The Dark," the upcoming Broadway musical directed by Julie Taymor and featuring music by U2's Bono and The Edge.

"Evan is unique: she is a young actress with incredible depth for both serious and comic drama in films and theater, and on top of that, she has an extraordinary lyrical voice," announced Taymor in a press release issued today. "We are thrilled to have her as our Mary Jane." Read more...

There's still no confirmation that Evan Rachel Wood will play the female lead in "Spider-Man: Turn Off The Dark," the upcoming Broadway musical directed by Julie Taymor and featuring a score by U2, but as we've been reporting here on Splash Page, that's not the only highly anticipated Spidey project without official word on its Mary Jane.

That's why, at a recent press event for Wood's upcoming film "Whatever Works," we had to ask the actress if she had any update on her potential role in the "Spider-Man" musical -- and whether she'd be willing to reprise it on the big screen if the "Spider-Man 4" team comes calling.

"I would do anything that Julie Taymor directs, because she's incredible and would never steer me wrong," Wood told MTV News, describing "Turn Off The Dark" as "a rock and roll circus show." Read more...