Image copyright Getty Images Image caption Kelsey Grammer and Matthew Morrison led Finding Neverland's original Broadway cast

The musical adaption of Finding Neverland is to close on Broadway, producer Harvey Weinstein has confirmed.

The show will be performed in New York for the final time in August, 18 months after it opened.

A national tour followed by a run in London's West End will still go ahead as planned.

Weinstein also announced that a film version of the stage musical will be produced.

Finding Neverland originally started life as a non-musical film starring Johnny Depp. It was released in 2004 by Miramax, the company co-founded by Weinstein.

The musical version received its world premiere in Leicester in 2012 before transferring to Broadway last March.

The production received lukewarm reviews from critics, but had strong box office sales when it first opened.

Matthew Morrison and Kelsey Grammer led the show's original Broadway cast.

Image copyright AP Image caption As a film producer, Weinstein masterminded the success of The Artist, Pulp Fiction and The King's Speech

The New York stage production has grossed $54m (£37.2m) 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 told The Hollywood Reporter.

"Night after night the audiences' love for the show has been so inspiring."

"Neverland will be beginning its around-the-world tour starting in the US in October, then London in Spring of 2017 and Asia in 2018."

Weinstein's previous investments on Broadway include The Producers, August: Osage County and Billy Elliot, but Finding Neverland was his first as lead producer.

He has already announced that his next Broadway venture will be a transfer of Singin' in the Rain.

As a film producer, Weinstein's credits include Shakespeare In Love, The Artist, Pulp Fiction and The King's Speech