Julie Taymor

Can "Spider-Man" recoup $65 mil?

Can "Spider-Man" recoup $65 mil?

By now everyone has heard about the less than fortuitous opening previews for “Spider-Man: Turn Off the Dark.” The mega-musical, directed by Julie Taymor with music by Bono and The Edge, has broken records (and the bank) with a $65 million initial budget, more than twice as big as the previous record holder, “Shrek the Musical.” “Spider-Man” is up against a monster task to turn a profit, and its extremely limited in that it can’t travel. Part of the reason it cost so much to produce is because the Foxwoods Theater on Broadway was built especially for “Spider-Man,” with specific height and construction requirements for its many flying sequences and stunts. It’s going to take a lot to make that $65 million back, but how much, exactly?