'American Psycho' musical canceled at New York's Second Stage Theatre

NEW YORK, Sept. 12 (UPI) -- New York's Second Stage Theatre has announced it will not be producing as planned the new musical inspired by Bret Easton Ellis' novel American Psycho.

"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," the theater company's artistic director, Carole Rothman, said in a statement Friday. "We will be announcing a new production in its place in the coming weeks."

No reason was given for the decision to cancel the show, which features a book by Roberto Aguirre-Sacasa with music and lyrics by Duncan Sheik. Rupert Goold was to have directed the off-Broadway staging.

Christian Bale starred in a 2000 film adaptation of Ellis' book. Set in the 1980s, it was about a Manhattan businessman who led a double life as a serial killer.