Lauren Ambrose Lauren Ambrose

The revival of Broadway's Funny Girl has been postponed, the New York Times reports.

"We have made the extremely difficult decision today to postpone our production of 'Funny Girl,' producer Bob Boyett said in a statement. "Given the current economic climate, many Broadway producing investors have found it impossible to maintain their standard level of financial commitment."

Lauren Ambrose was set to take over the role of Fanny Brice, made famous by Barbra Streisand in both the film and stage productions. Bobby Canavale was to play con man Nick Arnstein.

Lauren Ambrose to star in Broadway's Funny Girl revival

The revival was scheduled to open with a short run in Los Angeles from Jan. 15 to Feb. 26 and then move to New York City in the spring. Boyett added that the production "required a $12 million capitalization, making it one of the most expensive revivals in Broadway history."