Off-Broadway Production of 'American Psycho' Killed Off
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Rumor has it the right holders, Act 4 Entertainment, had been planning to take the production to Broadway all along.

AceShowbiz - The highly-anticipated off-Broadway run of "American Psycho" musical has been canceled before it sees the light. Second Stage Theatre's artistic director Carole Rothman announced on Friday, September 12 that the right holders and commercial backers, Act 4 Entertainment, had pulled out of production.

"We are disappointed that we will not be producing 'American Psycho' this season, but the rights holders, Act 4 Entertainment, have decided to not move forward with the production at Second Stage," Rothman said. Executives at Act 4 have been unable to be contacted for comments.

Rumor has it, Act 4 wants to send the production straight to Broadway and the cancellation at Second Stage means they will save a lot of money. The theater will have to scramble to replace "American Psycho" or else they have a hole in the upcoming season which starts in October with a revival of "Lips Together, Teeth Apart."

"American Psycho" is based on the novel by Bret Easton Ellis and features a book by Roberto Aguirre-Sacasa and music by Duncan Sheik. No casting had been announced yet but Benjamin Walker reportedly was in negotiations to star.

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