"Spider-Man: Turn Off the Dark," the most expensive musical in Broadway history, opened this month after burning through a record $75 million. Financial statements submitted in New York and snagged by the New York Times untangle the first $50 million in production costs, including $9 million in sets, costumes and shoes, $6 million in stagehands, and $1 million in lawyer fees.
To put the $50 million figure in perspective: That is nearly ten times more than the musical "Hair" cost and more than five times more than this year's Tony Award winner "The Book of Mormon." How does a musical spend $50 million? Here's how:
A short glossary of terms. Sets, props and instruments also includes hair, makeup, sound, projections, and the infamous harnesses that have, on occasion, not worked out so well. Pre-production/tech includes $6 million for local stagehands and $4 million for two years rent of the theater. Creative team includes items for directors, choreographers, lighting designers, aerial and set designers, and music producers. Production team includes casting directors, press agents, and lawyers.
And here's a granular breakdown of "sets, props and instruments," the green slice of the pie. All figures in MILLIONS:
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