

The Broadway musical "Spider-Man: Turn Off the Dark" is a rumored replacement for "Phantom," perhaps because the theater design is a good fit for the technical specifications of the superhero musical. The Blue Man group plans to move to the Monte Carlo by year’s end. "Jersey Boys" closed at the end of the year and is preparing to reopen at Paris Las Vegas in March. "Phantom" completes the turnover of all three resident productions at The Venetian and adjacent Palazzo. "We’ve kept 150 people gainfully employed for 6½ years.

We’re extremely proud," co-producer Scott Zeiger said Wednesday. "After New York, it’s the longest-running ‘Phantom’ in the United States. The musical has run about 2,700 performances. Though its weekly revenues are often in the black, the show remains about $20 million short of that original investment, sources close to the production say. "Phantom" debuted at The Venetian in June 2006, with production costs of $35 million on top of the $42 million The Venetian spent to build the theater. The cast of the Broadway musical was given official notice Tuesday, though word had spread since at least October that the show’s days would be numbered after two years of union cuts and waivers expired. Weighed down by initial costs as heavy as a certain chandelier, "Phantom - The Las Vegas Spectacular" will close Sept.
