UPDATE, 2 PM: A Manhattan judge has set a January 7, 2013 trial date for Taymor’s suit against the show’s producers over her royalties as co-book writer of the Broadway musical. She claims she is owed at almost $3000 a week from April 2011 to the present. A similar settlement to yesterday’s director royalty spat is expected so plans can move forward on a national tour.
PREVIOUS, THURSDAY AM: A deal between the Stage Directors and Choreographers Society and Spider-Man: Turn Off The Dark producer 8 Legged Productions ends all pending litigation. It gives the Broadway musical’s original director Julie Taymor full royalties. The entities have sued and countersued over the past couple of months over the musical, which famously had to shut down and retool and now is going great guns in New York. In the end it’s all about the money: the lawsuits were blocking plans to send the production on the road — and possibly Las Vegas — a critical element to backers recouping the $75 million budget and $1.2 million weekly running costs for the pricey superhero musical featuring music from U2’s Bono and the Edge. As part of the settlement, Taymor will be paid “from the inception of the run through its duration pursuant to the terms of her Director’s agreement, and to pay certain other amounts due to Ms. Taymor as a Collaborator, when the show’s New York production recoups”. She also will officially have no further involvement in the production.
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