The offstage saga of REBECCA The Musical continues to twist and turn with drama of its own. Today, Michael Riedel reports exclusively in the New York Post that, according to his sources, the show "has been cancelled due to a lack of financing."
Riedel writes "Sprecher spent last week scrambling to raise money from other investors but it appears he was unable to put a deal together. Yesterday morning panicked cast members began hearing rumors that "Rebecca" was off. There is no official word yet from the production but The Post has learned that the show will not open this season."
4:25PM Update - Click Here for the New Story... OFFICIAL: REBECCA Is Delayed Indefinitely; Producers Blame Anonymous Email for Scaring Away New Investor This Week
3:00PM Update - A source tells BroadwayWorld.com that the show will be 'officially postponed' in an official announcement later today, with the show having been unable to make up it's $4.5 million budget deficit in time for rehearsals to begin. A meeting with the creative team is said to be underway at the current time.
At this time, there is no official confirmation either way, but BWW will update you as the story continues.
As BroadwayWorld reported last week, REBECCA's lead producer Ben Sprecher told the NY Times last week (and the cast) that he had commitments from investors to alleviate the $4.5 million gap in The Musical's budget. At that time, the cast was said to be notified as well that rehearsals would indeed begin on Monday, October 1.
At the time, Actors Equity's Nick Wyman told NYT: “No one has said the words to me that the money is in the bank, but I would bet on the show taking place. Does he have the money right now? I don’t know. Will he have it by Monday morning? I bet he will. He has been confident that we’ll have the money.”
REBECCA, the new musical based on the classic novel by Daphne Du Maurier novel, previously delayed the start of its rehearsals by two weeks due reportedly to the death of a key investor responsible for a $4.5 million investment pool in the production. REBECCA was scheduled to begin rehearsals Monday, September 10 prior to an October 30 first preview and November 18 premiere at the Broadhurst Theatre.