The announcement came from the office of producer Jordan Roth, president of Jujamcyn Theaters. Tony winner Lapine, who helmed the original production, remains aboard as director.

Production spokespersons declined to comment on the reason for the postponement, but The New York Post quoted unnamed production sources as saying "Lapine couldn’t find the right mix of actors for this tightly knit ensemble show. There was also the sense that production would need a movie star to sell tickets — and movie stars who can sing Finn’s demanding songs." With a budget pushing $5 million, Roth reportedly sought to bring the show in under the aegis of one of Broadway's not-for-profit theatres, including Roundabout Theatre Company, but was unable to strike a deal, according to the tabloid.

In February 2015 Roth issued a statement saying, “I was seated next to James at a dinner, and in the middle of our great conversation he stopped, looked me straight in the eye, and asked, ‘What is your bucket list show?’ I said, ‘I can’t believe you’re asking me this because it’s yours, and it’s Falsettos.’ Then and there we agreed we would do this together. I am part of a large club of theater lovers who were changed by this show, who passionately believe that Falsettos is ‘our show.’ I can’t wait to have our show on Broadway again."

Part intimate family drama, part neurotic urban comedy, and part keenly observed meditation on a shifting definition of the American family, Falsettos is described as such: "As Marvin struggles to create a 'tight knit family' out of his eclectic array of core relationships (including his ex-wife, his new boyfriend, his adolescent son, his psychiatrist, and his neighbors) amidst a series of monumental life changes, he is forced to reckon with his own views on love, responsibility, and what it means to be a man." March of the Falsettos and Falsettoland were originally presented Off-Broadway. In 1992 Falsettos — featuring March as the first act and Falsettoland as the second — debuted on Broadway at the John Golden Theatre with a cast led by Michael Rupert, Chip Zien, Stephen Bogardus and Barbara Walsh. The musical won Tony Awards for Best Book of a Musical and Best Original Score.

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