"Godspell" revival postponed on Broadway

I'm a little late noting this, but a planned revival of "Godspell" on Broadway has been postponed, apparently a victim of the weak economy. The statement from producer Adam Epstein:

"I am devastated that, due to the loss of a major investor in the harsh reality of a slowing economy, there were no other options at this time than to postpone. I could not in good conscience move forward without full confidence that the capitalization was in place and that all of those employed by the production could be responsibly taken care of. . . Even in light of the situation, my passion for this vibrant production is unwavering and it is my goal to regroup as soon as possible."

Godspell, a musical version of the Gospel of Matthew, began as a senior thesis project at Carnegie Mellon and initially consisted of lyrics from the Episcopal hymnal. With a new score by Stephen Schwartz, it ran for five years Off Broadway, from 1971 to 1976, and then for an additional year on Broadway. It was made into a movie in 1973. Although the show is frequently performed around the country, it has not been revived on Broadway.