Harvey Weinstein-Produced 'Finding Neverland' to Close on Broadway

After a year and a half of performances, the production will bring down its final curtain in August before a national tour and London launch.

After a year and a half of performing on Broadway, Finding Neverland has found its end.

The Harvey Weinstein-produced musical will play its final performance at the Lunt-Fontanne Theatre ?on Sunday, Aug. 21, Weinstein tells The Hollywood Reporter.

"Night after night the audiences’ love for the show has been so inspiring," says Weinstein in a statement. "Neverland will be beginning its around-the-world tour starting in the U.S. in October, then London in Spring of 2017 and Asia in 2018."

Though the live theatrical production is closing on Broadway, Weinstein reveals, "I’m excited to announce that we will be producing Finding Neverland the musical as a film." The stage property was adapted from the nonmusical 2004 Johnny Depp film of the same name, which Weinstein released under his former Miramax banner.

When it closes in August, Finding Neverland will have played 33 previews and 565 performances. The New York production has grossed $54.4 million to date, but has not yet recouped its investors' money. "We believe the tour will help us recoup and London will be the profits," Weinstein tells THR in an interview.

While exact capitalization figures have not been disclosed, the show is estimated to have cost in the region of $20 million. It came to Broadway from a successful tryout at the American Repertory Theatre in Cambridge, Mass., following an abortive earlier attempt to mount the show in England. The cast and creative team on that incarnation were replaced before the musical's U.S. premiere.

Despite lukewarm reviews, business was strong in the production's initial months on Broadway, regularly earning north of $1 million a week. However, box office began tapering off in the fall, aside from notable hikes over holiday periods.

"We did great in summers and holidays," Weinstein says. "But we didn't seem to get that New York theater audience in the fall and spring." He added that there are plans for a return Broadway engagement to follow the U.S. tour, much like Motown: The Musical, which reopens in July after an extended hiatus.

While Weinstein has been an investor on the production team of a long line of Broadway shows including such hits as The Producers, August: Osage County and Billy Elliot, Finding Neverland is his first theatrical venture as lead producer. Matthew Morrison and Kelsey Grammer led the show's original Broadway cast.

The U.S. national tour will launch ?Oct. 11 at Shea’s Buffalo Theatre in Buffalo, New York and play in 50 cities in over 77 weeks. The London production will launch in Spring 2017.

Weinstein last fall announced that his next Broadway venture would be a 2017 transfer of Singin' in the Rain, in a production first seen at the Theatre du Chatelet in Paris. At his annual pre-Oscar party in February, Weinstein confirmed that Derek Hough has been cast to play Don Lockwood, the role originated by Gene Kelly in the classic MGM movie musical.