By Christine Spines
August 06, 2009 at 12:00 PM EDT

Variety reports that multiple sources close to the Broadway musical production of Spider-Man insist that the show has come close to closing down completely due to cash-flow problems. However, a rep for the Julie Taymor directed show, which will feature music by U2’s Bono and The Edge,  reportedly budgeted at $35 million, denies any money troubles and insists the musical will debut sometime in March.

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