The upcoming Broadway revival of Funny Girl starring Lauren Ambrose and Bobby Cannavale has been postponed indefinitely, with producers blaming the economy for the decision.
"We have made the extremely difficult decision today to postpone our production," lead producer Bob Boyett said in a statement. "Given the current economic climate, many Broadway producing investors have found it impossible to maintain their standard level of financial commitment. Our desire to produce Funny Girl on a scale it deserves required a capitalization of $12 million making it one of the most expensive revivals in Broadway history."
Under the direction of Tony winner Barlett Sher, Funny Girl was set to open at the Imperial Theatre in April 2012 after a Los Angeles run at the Ahmanson Theatre starring January 15, 2012. Former Six Feet Under star Ambrose won the coveted role of Fanny Brice, with recent Tony nominee Cannavale cast as her bad boy lover Nick Arnstein. Funny Girl premiered on Broadway in 1964 with Barbra Streisand in the lead and has never been revived on the Broadway stage.