Vanishing act: Hugh Jackman has dropped out of <i>Houdini</i>.

Vanishing act: Hugh Jackman has dropped out of Houdini. Photo: Getty Images

Hugh Jackman has announced he is leaving the upcoming Broadway musical Houdini.

The musical, composed by Stephen Schwartz (of Wicked fame), was first revealed to the public five years ago, with a different composer and cast. With Jackman on board, it was scheduled to open in 2014, but that is now uncertain.

Variety reports that Jackman, who has been attached to the project for several years, released the following statement: "I have greatly enjoyed the collaborative process on Houdini. Ultimately, though, I wasn't able to commit to the time this role will require. I have tremendous respect and admiration for the creative team and I wish everyone the best. I know they're well on their way to making something extraordinary."

The 45-year-old Wolverine star was set to return to Broadway after featuring in The Boy from Oz, A Steady Rain and Hugh Jackman, Back on Broadway. The project was already under a cloud after writer Aaron Sorkin (The West Wing, The Newsroom) also left the project in January.

Playing the lead role of Peter Allen in The Boy from Oz, Jackman won a Tony Award for best leading actor in a musical.

Producer Scott Sanders was understanding of the Australian's departure. "Hugh has been terrific to have on this part of our journey. We will continue to move forward with our remarkable creative team as they craft this ambitious new musical."

The link between Houdini and Jackman was rumoured for a long time, before being made official in 2012. Jackman's last foray into stage, Back on Broadway, pulled in $US14.6 million in just a 10-week run.

Jackman's next film release is the upcoming X-Men: Days of Future Past, where he reprises his role as Wolverine. It is scheduled for release in May of 2014.