"Motown the Musical" will temporarily bid Broadway goodbye with its final run scheduled this coming January 18, 2015 at the Lunt Fontanne Theater.
Producers of the show confirmed the news on Thursday and added that the show will most likely return to Broadway in July 2016, according to the NY Times.
"Motown the Musical," which officially opened in April 2013 will most likely gain back its initial $18 million investment within the next couple of weeks, the same publication noted.
The show's first national tour brought home approximately $20 million within its 16-week run. Unfortunately, the said amount was not enough to keep the show going, at least for now.
"We made a philosophical decision early on that we didn't want to get into a world of steep discounts. I'm excited about leaving strong so we can come back stronger," Kevin McCollum, one of the show's producers said.
"We're saying goodbye to Broadway for now, but we have a plan to come back. And we think we can get many more years of a run," McCollum added.
"Motown the Musical" is set to take the U.K. stage next year. "By closing in January, we have an opportunity to use the production assets from Broadway for the UK production next year," McCollum explained.
Directed by Charles Randolph-Wright, "Motown the Musical" features approximately 50 soundtracks straight from the Motown catalogue, Broadway reported.
The show follows the life of Gordy, specifically his rise to superstardom. Throughout his journey, Gordy discovers a handful of musical geniuses including legendary singer/composer Stevie Wonder, Smokey Robinson, Marvin Gaye, Michael Jackson and Diana Ross.
Gordy was later on romantically linked to Diana Ross, the same publication noted.
Meanwhile, "Motown the Musical" stars Josh Tower as Gordy, Krsytal Jan Brown as Ross, Charl Brown as Robinson and Bryan Terrell Clark as Gaye, the Washington Post noted.