U2 reported about Spider-Man musical production

U2 revealed some details about the production of their highly anticipated Spider-Man musical. According to the band, the work is currently concentrated on «material part of the show», such as the creation of scenes and costumes.

Several days ago US media reported that the production preparations were stopped because producers failed to raise $35 million budget. However, U2 claimed that they have heard nothing about money problems, and that reports were not true.

The musical, named Spider-Man: Turn Off The Dark, is produced by Julie Taymor, who previously worked on Broadway’s Across The Universe and The Lion King. All music and lyrics for it were written by U2's singer Bono and guitarist The Edge.

U2 are currently on tour in support of this years’ disk No Line On The Horizon. After it, they are set to start recording their new album titled Songs Of Ascent.