Director Julie Taymor (Tony winner for The Lion King), writer Glen Berger and 8 Legged Productions LLC, the Producer of SPIDER-MAN Turn Off the Dark, have announced that the pending litigation between them has been settled by mutual agreement of all parties.
Spider-Man is the most costly musical in Broadway history with a reported budget of $75 million, with music by Bono and The Edge. Although in August 2012, the ousted “Spider-Man” director had come to a tentative settlement, and at the time it was described as an “agreement in principle.”, in November of 2012, Taymor filed a $1 million lawsuit claiming that Michael Cohl and Jeremiah Harris, of 8 Legged Productions, co-opted her work and cheated her out of royalties.
Two months later, the producers countersued, claiming that Taymor’s vision for the show nearly caused the production to collapse under the weight of the massive budget. WIth a rumored running cost of over $1MM, the show regularly takes in over $1.2MM at the box office each week and has set an all-time record for the highest gross ever on Broadway — $2,941,794 for nine performances the last week of 2011, first week of 2012.
In a statement, Berger said, “I am very glad the parties have put the claims behind them, I look forward to seeing fruitful work from all those involved.”
Also in the press release, Cohl and Harris noted that, “We’re happy to put all this behind us. We are now looking forward to spreading ‘Spider-Man: Turn Off the Dark’ in new and exciting ways around the world.”
Now we can’t wait for the documentary about the making of the show to come out so we can all see the juicy fights that were rumored to have been happening during the show’s creation…