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From MSN Entertainment News:

In other superhero news, our Spidey sense is tingling over what sounds like a very misguided use of the Marvel Universe. Variety reports there are plans to turn the wise-cracking webslinger into a song-and-dance man in his very own musical stage production. The behind-the-scenes "Spider-Man" dream team currently consists of Neil Jordan as writer, Bono and The Edge as composers, and Broadway "Lion King" mastermind Julie Taymor as director. No word on whether Doc Ock will put his extra limbs to good use for a big "jazz hands" number.

http://entertainment.msn.com/celebs/article.aspx?news=163505

All I can say is... wtf.

That is quite possibly the strangest news I've heard all week

this is really awkward.....who the hell would do something like this